April 29, 2020 / 3:23 AM / a month ago

BRIEF-Moody's Says Expect Default Rate To Rise For APAC High-Yield Non-Financial Corporates As Coronavirus Disruptions Raise Default Risk

April 28 (Reuters) -

* MOODY’S SAYS EXPECT DEFAULT RATE TO RISE FOR APAC HIGH-YIELD NON-FINANCIAL CORPORATES AS CORONAVIRUS DISRUPTIONS RAISE DEFAULT RISK

* MOODY'S - FORECASTS TRAILING 12-MONTH HIGH-YIELD NON-FINANCIAL CORPORATE DEFAULT RATE FOR ASIA-PACIFIC WILL RISE TO 6.4% AT 2020 END FROM 1.1% IN 2019 Source text : [ID:bit.ly/2zDawst] Further company coverage: [ ]

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