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Gaming/Leisure ‘Most Troubled’ Group for 2021 Debt Defaults, Says Moody’sWritten by: Todd Shriber

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Global debt defaults are expected to decline this year. But Moody’s Investors Service sees the potential for trouble in the hotel, gaming and leisure group. The research firm is forecasting a 2.2 percent global default rate for its entire universe of rated high-yield and investment-grade corporate bonds. That’s down from 3.1 percent in 2020, but
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