Moody’s Just Put Over Half A Trillion Dollars In Energy Debt On Downgrade Review
by Tyler Durden
ZeroHedge.com
01/22/2016
Moody’s took the global energy sector to the woodshed, placing 175 global oil, gas and mining companies and groups on review for a downgrade due to a prolonged rout in global commodities prices that it says could remain depressed indefinitely. Here are the 69 US, 19 Canadian and 13 European companies (the full list of all global companies can be found here) that just Moody’s black list, a grand total of 101 companies which now face a downgrade threat on just about $540 billion in total debt.
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