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S&P Analysts Find Corporates Generally Healthy But Concerns Surfacing

Standard & Poor's Ratings Services recently announced that it has found the corporate credit union system relatively healthy, but competitive pressures and "isolated cases of increased risk taking" are causing concern.

By Sarah Snell Cooke | Updated on September 17, 2007

NEW YORK — Standard & Poor’s Ratings Services recently announced that it has found the corporate credit union system relatively healthy, but competitive pressures and “isolated cases of increased risk taking” are causing concern.

While their low risk profile, strong liquidity, and sound financial position will buoy corporates for now, the S&P analysts said concerns over competition and some increased risk “have resulted in our longer-term outlook for the industry turning negative.” However, these concerns were not enough to change any of the current ratings or outlooks for the individual rated corporates.

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