Moody's Predicts Low Recovery Rates on Defaulted Debt in 2009 | Practical Law

https://content.next.westlaw.com/practical-law/document/Ibb0a3c01ef0511e28578f7ccc38dcbee/Moody-s-Predicts-Low-Recovery-Rates-on-Defaulted-Debt-in-2009?viewType=FullText&transitionType=Default&contextData=(sc.Default) An update on a Moody's Investor Service (Moody's) article predicting that 2009 will see the lowest recoveries on defaulted debt in the last 20 years and lower than the recovery rates in the last two recessionary periods.

Moody's Predicts Low Recovery Rates on Defaulted Debt in 2009

Practical Law Legal Update 0-386-2449 (Approx. 2 pages)

Moody's Predicts Low Recovery Rates on Defaulted Debt in 2009

by PLC Finance

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Published on 03 Jun 2009 • USA (National/Federal)

An update on a Moody's Investor Service (Moody's) article predicting that 2009 will see the lowest recoveries on defaulted debt in the last 20 years and lower than the recovery rates in the last two recessionary periods.