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Standard and Poor's: European growth slump drags on corporate credit prospects in 2013

As revealed in it’s latest report, Standard & Poor’s anticipates that the European speculative-grade default rate will rise to 6.8% by the end of 2013, driven by the still deteriorating credit quality of companies assigned private credit estimates, weak eurozone economy, and looming debt maturities.

Targeting the buyside media, Moorgate secured coverage of the report in City AM, FTSE Global Markets, and GT News.

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