Capital Restructuring | Third Quarter 2021

November 2021 – At the end of third quarter 2021, Moody’s and S&P reported default rates of 2.5% and 2.4%, respectively. Low levels of loan default rates are expected well into 2022 with almost all near-term indicators of future defaults suggesting a lower default rate ahead, with credit metrics stabilizing, continued favorable lending conditions, and a strong economic rebound anticipated into next year.

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