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Fitch: U.S. Leveraged Loan Default Rate at New Low One Year Post-EFH

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NEW YORK--(BUSINESS WIRE)--One year after Energy Future Holdings filed for bankruptcy, the U.S. institutional leveraged loan default rate is at its lowest point since the event occurred, according to Fitch Ratings. At end-April 2015, the trailing 12-month (TTM) rate stood at 1.4%, well below the 3% historical average. Before Energy Future Holdings' $19.2 billion in loans exited the TTM index, the default rate stood at 3.6%. 'Barring any new large defaults, Caesars would be the next behemoth to

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