Corporate-Credit Outlook at Worst Since Crisis, S&P Says
- Possible downgrades exceed upgrades by most since 2009
- Latin America at greatest risk because of commodities slump
Corporate Credit Outlook Worsens: How Bad Is It?
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The outlook for corporate borrowers worldwide is the worst since the global financial crisis, according to Standard & Poor’s.
Potential downgrades at the ratings company exceed possible upgrades by the most since 2009, in percentage terms, according to a Jan. 11 report. The difference widened the most since the financial crisis in the past six months, S&P said.