APAC Corps to recover in 2021, but cash flow weaker than 2019
Newsroom24x7 Network Sydney/Singapore: Fitch Ratings expects corporate issuers in APAC to continue to stage a gradual recovery in 2021. Nevertheless, Fitch expect aggregate 2021 revenue for their portfolio of 330 publicly rated Asia Pacific corporates to be 7% lower, and 2021 EBITDA 15% lower, than their pre-coronavirus forecasts. Fitch has underscored pandemic-related factors contributed predominantly… Read More APAC Corps to recover in 2021, but cash flow weaker than 2019