Credit: For cor­po­rate de­faults, it was a very bad year

Bloomberg Businessweek (Asia) - - Contents - By Michelle Davis and Mark Glass­man

Last year was rough for some com­pa­nies is­su­ing debt and even rougher for many of their cred­i­tors. World­wide cor­po­rate de­faults al­most dou­bled due to a jump in U.S. non­pay­ments and reached their high­est point since 2009, ac­cord­ing to Stan­dard & Poor’s.

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