Capital Restructuring | First Quarter 2017

May 2017 – Default rates reported by both Moody’s and S&P approximated 4%-5% at the end of the First Quarter 2017. Moody’s expects that the retail sector will become the most troubled sector during the year. Both Moody’s and S&P forecast that the default rate will drop at the end of the year to 3.0% and 3.9%, respectively.