S&P: Corporate default rate saw a big drop in 2011

03/25/2012 | Wall Street Journal/CFO Journal, The

The default rate for U.S. corporate debt fell last year to its lowest level since 2007, Standard & Poor's reported. The number of corporate defaults fell from 58 to 39 between 2010 and 2011. The default rate in 2011 was 1.04%, compared with 5.71% in 2009. Companies were able to refinance debt last year thanks to increased liquidity, S&P says.

View Full Article in:

Wall Street Journal/CFO Journal, The

Published in Briefs:

SmartBrief Job Listings for Business

Job Title Company Location
Pharmacy Benefit Analyst/ Auditor
Nationwide, SL_Nationwide
Vice President, HEDIS & Performance Outcomes
Dayton, OH
Vice President, Girls and Women Strategy
United Nations Foundation
Washington, DC