Corporate debt defaults spike in Jan-May this year, exceeding 2019 total: Fitch Ratings

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Corporate debt defaults spike in Jan-May this year, exceeding 2019 total: Fitch Ratings.

GLOBAL corporate defaults have seen a"dramatic increase" as the economic crisis from the coronavirus pandemic dealt a body blow to companies around the world, Fitch Ratings said. The number of debt defaults registered in the first five months of 2020 is already higher than the full-year.

 

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