S&P clampdown on US liabilities

News

Standard and Poor’s has placed 13 US companies on negative outlook owing to their unfunded post-retirement benefit liabilities. The move was mainly prompted by the companies’ year-end disclosures, which shed light on the extent of their unfunded liabilities.

Scott Sprinzen, analyst at Standard & Poor’s, says: “We are taking this action in response to a specific development, although broadly speaking we have been placing a greater emphasis on this issue over the past year.”

Post-retire

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: