Talking point - 2008 outlook

Talkingpoint

Christian Dinwoodie - Head of corporate ratings Europe, Standard & Poor's, London

While leveraged buyouts, M&A activity and the popularity of shareholder-friendly financial policies are expected to recede next year, the credit outlook for 2008 remains challenging for European corporates. Tighter credit markets and an economic slowdown mean company performance and refinancing risks are likely to be the key ratings drivers for European industrials over the next year.

Credit market liquidity is expec

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