Numbers - Friday, 29 May 2009
U.S. Corporate Defaults to Date Match Total for All '08
(The Wall Street Journal - U.S.)
Three more global corporate bond issuers defaulted this week, bringing the year-to-date tally to 135, more than four times the 32 defaults recorded in the same period of last year, Standard & Poor's said.
All three of this week's defaulters (Berry Plastics Group Inc., Metaldyne Corp. and Visteon Corp.) were based in the U.S., bringing the tally of defaults this year to 96 issuers in the U.S, the rating agency said. That matches the number of defaults for all 12 months of 2008. (...)
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