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US Energy Default Rate to Fall, Risk Remains for Small Issuers | Hellenic Shipping News Worldwide

US Energy Default Rate to Fall, Risk Remains for Small Issuers A number of highly-levered liquidity strained small energy issuers on Fitchโ€™s Top Bonds (TBOC) and Top Loans of Concern (TLOC) lists remain vulnerable to default, despite our expectation of a significantly lower energy default rate in 2021 relative to 2020, says Fitch Ratings. We project the US energy high-yield (HY) and institutional leveraged loan default rate will decline to 6% and 8%, respectively, this year compared with 14.0...
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