The limited availability of loan and bond-financing will accelerate the failure of companies with high leverage and poor business models
Canada will continue to reap the benefits of high oil prices
Global credit markets will likely not return to normal for up to six months
Credit ratings confirmed after BNS buys Chilean bank
Ongoing resilience of system may remain dependent liquidity assistance from central banks
Liquidity providers made funds available in a timely fashion
Reorganization into two separate operating divisions rereinforces independence of ratings business
Global speculative-grade corporate default rate should rise from 1.5% to 3.5% over the next 12 months
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Short-term investors could press companies harder for short-term gains