Moody’s: Covid-19 crisis bring long-term changes to structured finance | Malay Mail

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KUALA LUMPUR, July 16 — The Covid-19 crisis is bringing long-term changes to structured finance worldwide, altering the risk profile of many asset classes because of the effects of government’s intervention, behavioural changes and other developments, said Moody’s Investors Service today....

Thursday, 16 Jul 2020 01:54 PM MYT

Moody’s vice president and senior research analyst Frank Cerveny said long-lasting effects include slower growth in many countries, lower productivity and higher long-term unemployment with negative implications for structured finance transactions, particularly those exposed to cyclical and Covid-19-weakened businesses such as tourism, aviation and retail

The rating agency said government interventions, such as payment or bankruptcy moratoria, state-guaranteed emergency loans and other types of state aid, particularly in strategically important sectors, will be more likely in the future, following the current precedent.

 

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