Corporate Defaults Set To Hit Post 2009 High – ValueWalk Premium

Corporate Defaults Set To Hit Post 2009 High

Last week I reported on a report from law firm Haynes and Boone LP, which detailed the rising number of defaults in the North American energy sector.

According to the report, the total value of North American oil patch bankruptcies since the beginning of 2015 now stands at $66.5 billion and the number of companies filing for bankruptcy protection has only accelerated in recent months.

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