Potential Downgrades Up From Month-Ago Level, Report Says

ข่าวต่างประเทศ Wednesday September 27, 2006 10:39 —Asianet Press Release

--27 Sep--Standard & Poor's Standard & Poor's Ratings Services has published its latest report citing that the number of entities at risk of potential downgrades reached 668 in mid-September, 15 more than the number reported last month, 19 more than the average of the last 12 months, and the highest level since the inception of this report in September 2005. The report, titled "Downgrade Potential Across Credit Grades And Sectors," also says that of the total, 83% are based in the U.S. or Europe, with the former accounting for the lion's share (66%). The automotive, telecommunications, media and entertainment, and health care sectors have the highest ratio of issuers with a negative bias relative to their respective total rated universe. These sectors—the same as a month ago—are therefore most vulnerable to credit-quality deterioration. Of the 668 companies at risk for potential downgrades globally, 59% are speculative grade, with those rated 'B+' most vulnerable to downgrades at 123 companies (18% of the total). The report is available to subscribers of RatingsDirect, the real-time Web-based source for Standard & Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com . If you are not a RatingsDirect subscriber, you may purchase a copy of the report by calling (1) 212-438-9823 or sending an e-mail to [email protected] . The report is also available at www.sandp.com/gfir , listed under Global Fixed Income Research. If you have not previously registered with the site, you will need to do so to access this material. Registration requires minimal information and is free. Members of the media may request a copy of this report by contacting the media representative name provided. Media Contact: Mimi Barker, New York (1) 212-438-5054, [email protected] Analyst Contacts: Diane Vazza, New York (1) 212-438-2760 Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located in 21 countries. Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com . Key Contacts: Americas Media Relations: (1) 212-438-6667 media_ [email protected] Americas Customer Service: (1) 212-438-7280 [email protected]

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