Bangkok--4 Jan--Standard & Poor's
The number of issuers poised for upgrades increased by seven this month to a total of 202 issuers globally, said an article published today by Standard & Poor's, titled "Upgrade Potential Across Credit Grades And Sectors (Premium)."
"The total this month is one more than the count at this time in 2008, and it exceeds the trailing-12-month average by 38," said Diane Vazza, head of Standard & Poor's Global Fixed Income Research Group. "Upgrade potential has gained some ground since September, when the tally exceeded the trailing-12-month average for the first time in nearly two years."
Potential upgrades are defined as issuers that have either a positive outlook or ratings on CreditWatch with positive implications across rating categories 'AA+' to 'B-'.
Since our previous report, 29 issuers have been added to the list of potential upgrades and 22 have been removed. All of the companies added this month are the result of a favorable revision to their CreditWatch or outlook status, three of which were accompanied by upgrades.
The standard version of this article is part of our standard Global Fixed Income Research content. The premium version contains expanded analysis of the article's most significant points, typically broken out by sector and region. Also in the premium version are in-depth charts and tables, the underlying data of which are available for download. Ratings information can also be found on Standard & Poor's public Web site by using the Ratings search box located in the left column at www.standardandpoors.com. Members of the media may request a copy of this report by contacting the media representative provided.
Media Contact:
Ana Sandoval, New York (1) 212-438-5095,
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Analyst Contact:
Diane Vazza, New York (1) 212-438-2760
Key Contacts:
Americas Media Relations: (1) 212-438-6667
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Americas Customer Service: (1) 212-438-7280
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