Ratings Renaissance In Emerging Market Corporates
2025-02-26 02:20:00 ET
Summary
- In a dynamic environment, we believe emerging market corporate credit ratings should show continued improvement.
- In 2024, EM corporate bonds saw their most significant positive credit rating shift since 2012.
- Overall, we see strong evidence of improvement in EM corporates' standalone credit quality, as over 70% of the upgrades in 2024 were in non-sovereign names.
By Gui Xiong Teo
In a dynamic environment, we believe emerging market corporate credit ratings should show continued improvement. ...
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