SOLIC Connect

Capital Restructuring | Fourth Quarter 2020

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Capital Restructuring | Fourth Quarter 2020

January 2021 – At the end of 2020, Moody’s and S&P reported default rates of 8.4% and 6.6%, respectively. According to S&P, a second wave of COVID-19 infections and further economic restrictions remain risks. Both credit agencies forecast default rates to rise to about 9.0% in 2021.

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