S&P report looks at Q2 credit rating situation
The negative bias of rated financial and nonfinancial companies in Europe continues to decline, suggesting continued credit quality moderation, according to a new report from Standard & Poor's Ratings Services (S&P).
According to S&P, as of June 30, 2004, 19% of rated nonfinancial entities in Europe had either a negative outlook or were on CreditWatch with negative implications compared with 24% three monthsOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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