June 29, 2020 (9.27 mins)
Marianna Waltz, Marie Fischer-Sabatie, Martina Gallardo Barreyro and Erick Rodrigues of the Corporates team discuss how the worldwide coronavirus outbreak has affected corporate liquidity in Latin America.
June 26th 2020 (7.31 mins)
Jeanine Arnold, Vincent Gusdorf and Eric Kang of the Corporates team discuss why the credit quality of French companies continues to deteriorate despite the end of lockdown.
June 12th 2020 (7.00mins)
Gunjan Dixit and Agustin Alberti of the Corporates team discuss the effects of coronavirus and structural shifts in demand on large US and European advertising agencies. Leverage of the Big Four agencies will rise across the board in 2020, before falling back next year.
June 11th 2020 (4.22 Mins)
Kristen McNamara and Franco Leung discuss the exposure of sectors and rated companies in China to disruptions from the coronavirus pandemic.
June 8th 2020 (9.47mins)
Vincent Gusdorf of the Corporates team and Leroy Terrelonge from the Cyber Risk team discuss why cyberattacks against third parties will increase and which industries are the most vulnerable.
May 29, 2020 (6.39 mins)
David Keisman and Julia Chursin discuss why US corporate defaults during the pandemic are likely to produce bigger losses for investors. Erosion in credit quality, structure and covenants will suggest worse debt recoveries for first-lien bank debt in particular. Meanwhile, the prevalence of distressed debt exchanges will not be sufficient to stave off subsequent defaults if the downturn’s duration is protracted.
May 14th 2020 (8.46 mins)
Matthias Hellstern, Falk Frey and Bruce Clark of the Corporates team discuss their revised projections for global auto sales.
May 7th 2020 (4.22mins)
Franco Leung and Kaven Tsang from the Corporates team discuss credit trends for rated Chinese property developers and their ability to weather macroeconomic challenges this and next year.