Default Rate Low Affirmed By S&P.

Publication: Bank Loan Report

Publication Date: 23-OCT-06

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Default rates in the U.S. leveraged loan market declined to 1.18% in September, its lowest level since April 2005-as reported by Standard & Poor's Leveraged Commentary and Data (LCD). This comes after holding steady at 1.36% in August and July, a low recently affirmed by Moody's Investors Service.

There...

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