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Median revolver usage rates on bankruptcy petition dates were consistent year over year for companies that recently exited bankruptcy, clocking in at even levels to the May 2017 revolver study.

"The average and median utilization rates for cash flow facilities with usage disclosed on bankruptcy petition dates were 78 percent and 92 percent

BMI View: The Dutch government's proposal to ban sales of new internal combustion engine vehicles by 2030, combined with attractive EV incentives, will support an increase in the adoption of clean energy vehicles by domestic households and businesses over the coming years.

Dutch government has proposed a plan to effectively ban sales of new

DTAC will likely bid for more bandwidth in the upcoming 1800MHz spectrum auction despite agreeing to a deal to use TOT's 2300MHz frequencies on concession. Financial stress in the sector, resulting from 4G price competition could weigh on the ability of other operators to buy more spectrum.

The National Broadcasting and Telecommunications

The UK government's plan to cut the maximum stake on fixed-odds betting terminals to GBP2 from GBP100, announced yesterday, could put pressure on the credit profiles of many UK gaming companies as their revenues and margins will be likely to fall, Fitch Ratings says. The expected ratings on the enlarged GVC/Ladbrokes group incorporate the proposed

Global rating outlooks have moved to their most positive level since the financial crisis. However, the net bias is only just over 1% and occurs as the world is about to hit peak growth in the current cycle. In this context, investment managers show a high degree of consensus, both in terms of their credit investment outlooks and their views on the

A rise in non-traditional or no income borrower documentation has led to significant variation in the credit risk of recently originated investor property loans in US residential mortgage-backed securities (RMBS) deals. Loans that do not meet traditional residential or commercial underwriting standards have significantly higher credit risk than

 A recent residential mortgage-backed securities (RMBS) transaction issued by a non-bank financial institution (NBFI) in Canada is backed by high credit quality mortgages but exposes investors to extended loan default risk in an uncertain housing market environment, Fitch Ratings says. Fitch did not rate this transaction. However, our rating

Conditions are likely to get tougher for the UK's non-bank lenders, given their exposure to the deteriorating financial health of the country's household sector. Household focused non-bank financial institutions (NBFIs) are typically more sensitive to this sector than banks, given their narrower focus. Most bank lending to the household sector is

Increased activity in Mozambique's transport infrastructure project pipeline has prompted an upward revision to our construction growth forecast for 2017 and 2018, while delays to the start up of the Coral LNG project have pushed back our anticipation for a spike in industry growth to 2023 rather than in 2022. Overall the 10-year growth outlook for

Centrally cleared cryptocurrency derivatives could be a real-world test of clearinghouses' margining and default procedures, particularly if derivative notional volumes increase and cryptocurrencies exhibit heightened price volatility. Although they have largely avoided direct exposure to cryptocurrencies, banks' role as clearing members creates a