News Snapshot:
- A + A KUALA LUMPUR (June 21): Asia-Pacific issuers are battling inflation and rising borrowing costs. In a statement on Tuesday (June 21), S&P Global Ratings said this comes amid a backdrop of record-high debt and curtailed financing. The rating agency projected scenarios in which 16% to 25% of rated entities could face downside risk to their credit quality amid mounting inflation and rising funding costs. In a commentary titled "APAC Corporates: Inflation, Rate Strains Set In”, the agency outlined a high-level analysis of the sectors, geographies and rating levels in which issuers are the most exposed to rating...
