The North America Biweekly Credit Report Summary presents snapshots of research published by the Credit Research team during the two preceding weeks. The report aims to keep our subscribers informed of the biweekly research publications by providing ease of access to centralized information and the opportunity to catch-up on any research missed by readers over the prior two weeks. Each summary will include the company’s capital structure, performance summary and the Debtwire Likely to Distress (LTD) Predictive Analytics.
This week's edition includes coverage of our most viewed credit report, Braskem-Idesa, which bolstered its liquidity by obtaining a working capital (WC) credit facility in 4Q22, related to the company’s accounts receivable.
Based on our valuation analysis, Consolidated Communications and Qurate had less than 100% coverage for its secured debt and unsecured debt, respectively.
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