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Rate of defaults slows
16 years ago
The rate of defaults among corporates with over $100 million in debt is noticeably slowing, with last month seeing only four companies default in the first three weeks of September -
Fitch downgrades Capmark on imminent default
16 years ago
Fitch has downgraded the issuer default ratings of Capmark Financial from B- to C in expectation that some kind of default is imminent or inevitable.
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