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Fitch Releases Morning Credit Brief Presentation on Corporate Credit Trends and Default.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
 recently published a new report titled 'The Rising Corporate Default Wave' discussing the complex economic, funding and market trends which are expected to influence the shape and severity of the next cyclical cyclical

Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements.
 surge in corporate defaults.

On October 30th, at Fitch's annual Morning Credit Brief Seminar - The State of the Consumer, Fitch Managing Director Mariarosa Verde presented Fitch's default outlook and gave additional context on the impact of the financial crisis and subsequent economic weakness on corporate credit quality, including the outlook for funding, liquidity, corporate strategy, and defaults.

In case you missed the seminar, you may access the presentation, titled 'U.S. Corporate Credit & Default Update' and the report, 'The Rising Corporate Default Wave' on Fitch's web site, www.fitchratings.com, Corporate Finance Corporates Credit Market Research Reports.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
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Publication:Business Wire
Date:Nov 4, 2008
Words:196
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