In The Press
Preqin: US credit default risk ‘set to peak by mid-2024’ amid rate cut expectations
Global office vacancies are surging to all-time highs and expected to climb, causing further troubles for co-working titan WeWork and darkening the outlook for the world’s largest business hubs, writes Sinead Cruise for Reuters, citing research from Credit Benchmark.
Financial Times: Data Drill
Credit Benchmark data on the declining credit quality of North American and European Oil & Gas Exploration & Production companies has been cited in the
Financial Times: Chances of Default by US Oil and Gas Producers Surges
The likelihood of US oil and gas producers defaulting on their debt has jumped 30 per cent over the past year as the industry continues
The Wall Street Journal: Warehouses Offer Crowded Shelter in Retail Storm
Mall landlords face a reckoning. The Covid-19 crisis has pushed the credit quality of the average U.S. general retailer from just inside investment grade a
Bloomberg: Oil Firms Raise $171 Billion in Debt as Virus Hits Fuel Demand
Oil and gas companies worldwide have raised $171 billion of debt from the loan and bond markets since March after the coronavirus pandemic hit demand for fuel, writes Jacqueline
Petroleum Economist: IOCs Put on Show of Strength in Bond Markets
Recent debt issuance by International Oil Companies (IOCs) could be seen as a muscle-flexing exercise as much as a move to bolster balance sheets, writes
Financial Times: UK Bailout: Paper Vapours
Take-up of the UK’s emergency commercial paper scheme aimed at big businesses is accelerating, as reported in The Financial Times’ Lex column, highlighting Credit Benchmark’s role
