Coronavirus credit stress hitting the B-list corporates hardest: Moody’s
Coronavirus exposure has created conditions for the highest number of quarterly downgrades on record, according to Moody’s Investors Service
Moody’s Investors Service says in a new report that coronavirus-induced credit stress has continued to affect high-yield corporate issuers, with Moody’s Asian Liquidity Stress Indicator (ALSI) staying elevated at 39.7%, negative bias reaching 41.1%, and the B3 negative and lower list growing to 13.7% in June 2020.
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