The U.S. distress ratio rose to 33.9% in February, a level last surpassed in July 2009 during the recession, when the ratio fluctuated from 14.6% to a staggering 70%. The oil & gas sector accounted for 29% of total distressed debt while the metals, mining, and steel sector had the highest ratio at 84.2%. In this CreditMatters TV segment, Associate Director Gregg Moskowitz explains the key trends and data points.
Post time: Jul-01-2017