Capital Restructuring | Second Quarter 2019

August 2019 – At the end of Second Quarter 2019, Moody’s and S&P reported default rates of 3.1% and 2.3%, respectively. According to Moody’s, defaults in Q2 2019 were led by companies in the oil and gas sector but they expect the highest default rates over the next 12 months to be in the media sector. S&P expects its default rate to increase to 3.1% by December 2019.