Default risk

RECENT NEWS
Reuters  May 1  Comment 
(The following statement was released by the rating agency)
Cellular News  Feb 29  Comment 
BTEL is currently negotiating with foreign banks to raise refinancing loans. However, the company's high leverage and poor trading results mean it is likely to breach the financial covenants of its obligations. Click here for more.
BusinessWeek  Dec 8  Comment 
Norway’s government signaled it sees little risk of Eksportfinans ASA defaulting on its obligations even after the state-backed lender was downgraded to junk in response to last month’s decision to wind down the unit.
BusinessWeek  Dec 7  Comment 
Norway’s government signaled it sees little risk of Eksportfinans ASA defaulting on its obligations even after the state-backed lender was downgraded to junk in response to last month’s decision to wind down the unit.
BusinessWeek  Nov 14  Comment 
State and local governments are unlikely to experience a “material increase” in municipal defaults during the next three to five years, according to a study by Kroll Bond Rating Agency.
The Economic Times  Nov 8  Comment 
Ratings agency Fitch today affirmed a low default risk on steel wire rope manufacturing giant Usha Martin with a stable outlook.
The Globe and Mail  Oct 3  Comment 
Stocks slide, gold rises
BusinessWeek  Sep 21  Comment 
Bahrain’s default risk climbed to the highest since March, at the height of confrontations between government troops and protesters, amid concern tensions may flare up before Sept. 24 parliamentary elections.
BusinessWeek  Sep 15  Comment 
The U.S. is a “long way” from risk of default and Treasuries are still the safest dollar assets, said Kim Eng Tan, senior director for sovereign-debt ratings at Standard & Poor’s.
BusinessWeek  Sep 2  Comment 
European sovereign default risk approached a record high before a report that may show U.S. hiring slowed in August, adding to signs the global economic recovery is weakening.




 
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