| Abstract: | Amid a stumble in the U.S. economy, unprecedented commodity-price pressure and a lender community still skittish after the turmoil seen throughout the credit markets, it may seem logical to prepare an epitaph for corporate debt issuance. Standard&Poor's Ratings Services' review of various industries and sectors suggests otherwise. Granted that corporate defaults are creeping higher as the days of cheap and easy money have disappeared—at least for now—and speculative-grade borrowers face a tough row to hoe. At best, these companies can expect to pay interest rates significantly higher than a year ago, and with stricter covenants imposed by lenders. At worst, they face a stonewalling from an investor base too risk-averse to loosen its purse-strings. But for borrowers that
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| Sector: | Asset-Backed Commercial Paper, Asset-Backed Securities, Automotive, Capital Goods, Collateralized Debt Obligations, Commercial MBS, Consumer Products, Corporations, Financial Institutions, Global Issuers, Health Care, Hotel & Gaming, Retail, Structured Finance, Transportation, Utilities
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