February 13th, 2020 (6 mins)
Sandra Veseli and Richard Morawetz discuss risks to nonfinancial corporate credit quality in EMEA. Excessive leverage and exposure to a cyclical downturn are among the early warning signs of potential default.
December 12, 2019 (7.55 mins)
Steve Wood from the Corporates team and Jeff Pruzan from Ratings and Research talk about some of the headline risks that the broad oil and gas industry will face in 2020, including commodity prices, oversupply, energy companies’ access to credit markets, and political risk.
November 18, 2019 (5.27mins)
Mickey Chadha and Christina Boni from the US Retail team discuss what drove our industry outlook change to stable from positive. Challenges include an extremely competitive environment, where retailers are investing heavily in e-commerce while contending with operating margin pressures. Pricing remains aggressively competitive as retailers use extremely promotional tactics to fight for market share.
October 22nd 2019 (7.03mins)
Nidhi Dhruv and Laura Acres of the Corporates team discuss the payments that telcos make to their governments through dividends and spectrum auctions.
October 9, 2019 (6.10mins)
Brendan Sheehan from the Governance group and Lesley Ritter of the Cyber Risk team discuss the varying levels of transparency in cyber corporate disclosures across high risk sectors
September 5th, 2019 (5.26mins)
Sandra Veseli and Richard Morawetz EMEA companies’ cash reserves exceeded a trillion dollars for the first time largely driven by the top 10 cash holders. Saudi Aramco enters to take the leading position, also pushing the energy sector further into the lead. Slowing growth in Europe could limit cash generation for some but companies are expected to counter the impact on overall cash holdings and liquidity, if needed, over the medium term.
August 29th 2019 (6.03mins)
Franco Leung and Kaven Tsang of the Corporates team discuss the effects of a hypothetical renminbi depreciation scenario on rated high-yield Chinese property developers.
August 9th, 2019 (9.02mins)
Marianna Waltz and Carolina Chimenti from the Corporate Finance team discuss corporate credit trends through mid-to-late 2020 and beyond for Latin America’s five biggest economies: Argentina, Brazil, Chile, Mexico and Peru.