Latest news with #defaultrisk
Bloomberg
17-07-2025
- Business
- Bloomberg
Tariff Risk Nudged More Firms Closer to Default, Moody's Says
The number of companies at the greatest risk of defaulting are at an 11-month high, as uncertainty around US trade and tariffs worsened credit conditions, according to a Moody's Ratings report. In the second quarter, 16 companies were added to the cohort of businesses with the highest default risk, according to Moody's. The group now stands at 241 companies, the report shows.
Bloomberg
13-05-2025
- Business
- Bloomberg
Gaw Capital Amends Hong Kong Towers Loan, Easing Default Risk
Hong Kong-based investment firm Gaw Capital Partners has amended an existing loan backing two office towers, according to people familiar with the matter, easing the risk of a default in the city's battered property sector. The original loan had been set to mature May 9 after the deadline was extended by a month from April as Gaw Capital and its lenders struggled to agree on a refinancing proposal.
