| Abstract: | NEW YORK (Standard&Poor's) Nov. 6, 2009--One global corporate issuer defaulted this week, bringing the 2009 year-to-date tally to 239 issuers--roughly triple the 82 defaults at this time in 2008, said an article published today by Standard&Poor's. This week's defaulter was based in Europe, bringing the default tallies by region to 175 issuers in the U.S., 16 in Europe, 34 in the emerging markets, and 14 in the other developed region (Australia, Canada, Japan, and New Zealand), according to the article, titled "Global Corporate Default Update (Oct. 30 - Nov. 5, 2009) (Premium)." This week's default was a result of a distressed exchange, which ups the tally of defaults related to distressed exchanges to 85--the most cited
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