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Mark Gray

Managing Director - US/Americas Corporate Finance

US and Americas

Tom Marshella
Managing Director - US/Americas Corporate Finance

Paloma San Valentin
Managing Director - US/Americas Corporate Finance


Myriam Durand
Managing Director- EMEA Corporate Finance

Philipp Lotter
Managing Director- EMEA Corporate Finance

Asia Pacific

Brian Cahill
Managing Director - Asia Pacific Corporates/Financial Institutions​​​​


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Research and analysis on public companies and their debt instruments.



  • 6 Dec 2016
    • Credit conditions in 2017 for North American corporates steady
      We maintain a stable outlook for North American corporates in 2017, with corporate defaults declining throughout the year. Even so, weak fundamentals and increasing global uncertainty pose some risk for North American corporate credit quality in 2017, requiring solidly positive economic news to boost confidence enough to keep credit available for lower-rated companies... Full Report l Press Release
    • Canadian non-financial corporates underpinned by modest GDP growth
      The outlook for Canadian non-financial corporates continues to be stable, reflecting our expectation of modest GDP growth, stable unemployment and improving revenues and EBITDA. Most companies are expected to maintain adequate liquidity to sustain their ratings, and majority of industry sectors outlooks will remain stable, even as commodity-related sectors are expected remain negative for the time being... Full Report l Press Release
    • Weak credit conditions for Latin America companies will improve gradually through 2017
      Credit conditions for Latin American companies will improve gradually and unevenly in 2017. Global commodity prices are stabilizing, and the region’s domestic political uncertainties seem contained for now. Nonetheless, the region’s recovery is starting from a weak base, and economic growth will remain slow for a prolonged period... Full Report
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