A Busy Day for Bankruptcies
The U.S. Bankruptcy Court in Delaware saw three mid-market Chapter 11 filings on Monday. Is it the start of a flood?
Junk Bond Defaults to Rise 5.6% in Next Year
S&P says continued stress on the energy sector from the oil price slump will drive defaults, offset somewhat by a likely delay in any interest rate hikes.
Junk Defaults to Rise to 4.6% in Next Year
Moody's cites "deteriorating credit conditions especially in commodity sectors such as oil & gas and metals & mining."