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.
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.
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.
With economies around the world on the brink of recession, or already in one, any professional monitoring financial risk needs to establish proper oversight now before commercial bankruptcies wreak greater havoc upon their portfolio.
Even with government intervention, trade credit insurance is waning at the exact time when it is needed most. The longer the coronavirus persists, the more bankruptcies will ensue and the harder it will likely become to acquire trade insurance.