Capital Restructuring | Second Quarter 2017

August 2017 – Moody’s and S&P both reported a 3.8% default rate at the end of the Second Quarter 2017. Moody’s expects that the media and retail sectors will see the highest default rates in the coming 12 months. Both credit rating agencies forecast a drop in the default rate in the foreseeable future, with Moody’s expecting the default rate to close the year at 3.1%, and S&P expecting the default rate to decrease to 3.3% by March 2018.

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