The past week showed a slightly negative trend in global corporate rating actions by S & P. A marginal increase in negative actions was observed, with downgrades surpassing upgrades by a single downgrade. Additionally, S&P Global reported a significant rise in high-risk credits this week.
There were three new risky credits (issuers in the 'CCC' rating category) last week. While most rating performance metrics have improved year-on-year, the number of risky credit additions has notably increased so far this year to 22 from 16 over the same period in 2024.