Resources

The global effort to slow the spread of COVID-19 continues to impact all economic regions and industries. Risk professionals must adapt quickly or risk being sideswiped by the rise in bankruptcies.

Apparel retailers have required significant adjustments to handle their financial leverage and operating lease commitments. Brooks Brothers and Tailored Brands, in particular, fell prey to slowing demand for professional business attire, a trend which was accelerated by the coronavirus pandemic.

Coronavirus cases are surging in several countries, which has negatively impacted both sovereign and public company credit risk.

The senior housing industry reported a significant share of the coronavirus illness cases, causing a collapse in occupancy. A considerable population decline in assisted living facilities could deliver a slew of corporate bankruptcies in the coming year.

The fall of car rental giant Hertz Global Holdings, Inc. proves the point that the health of an entire supply chain, from raw material harvesting to finished products, is critical to understand relative to assessing bankruptcy risk potential.

In the COVID-19 age, institutional investors and CLO managers have reined in their appetite for incremental leveraged loan issuance. Corporate borrowers, as consequence, are bearing the brunt of this fallout.

In a pandemic period when major public company bankruptcies are hitting hard daily, reliance on payment performance and/or financial statement analysis provides a whole new slew of dangers.

Part of CreditRiskMonitor's Mid-Year Review series, we focus on the volatile state of casual dining establishments and how the PAYCE® score is helping credit and procurement managers stay ahead of bankruptcy risk.

Part of CreditRiskMonitor's Mid-Year Review series, we focus on the volatile state of casual dining establishments and how the FRISK® score is helping credit and procurement managers stay ahead of bankruptcy risk.

Unless there is a rapid economic recovery, more retailers are going to go the way of J. C. Penney, Pier 1 Imports, Neiman Marcus and J.Crew. That is: bankruptcy.

The harsh downturn in several end markets has resulted in overcapacity in key industrial commodity markets, causing base metal prices to break materially lower. We note where bankruptcy is most probable.

It’s just not working out: the coronavirus pandemic is forcing the hand of financially weak American fitness operations to pursue bankruptcy, with many involving permanent location closures.