It’s worse than the Great Recession for US retailers

The rating agency has 19 names in its retail and apparel portfolio now trading at Caa/Ca. “Moody’s-rated US retailers rated Caa or Ca today make up just over 13 percent of our total rated retail portfolio, which is the highest level since the Great Recession, when this group comprised 16 percent of the portfolio,” says Moody’s Vice President Charlie O’Shea, in a news statement. “And the increase comes at the same time as the broader universe of Caa rated companies is likewise growing.”  คำพูดจาก สล็อตเว็บตรง

In terms of debt, the 19 Caa/Ca companies in the agency’s retail portfolio owe roughly $5 billion in debt through 2021, with about 40 percent of this due by th…