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In This List

COVID-19- And Oil Price-Related Public Rating Actions On Corporations, Sovereigns, And Project Finance To Date

The S&P Pharma Dose - Episode 35 - Regeneron Pharmaceuticals: Steady Growth vs. Heavy Product Concentration


COVID-19 Battered Global Consumer Discretionary Sectors But Lifted Staples; Recovery Varies By Subsector


California Public Power Utilities Face Disparate Physical And Credit Exposures To Wildfires

Fixed Income in 15 – Episode 9

COVID-19- And Oil Price-Related Public Rating Actions On Corporations, Sovereigns, And Project Finance To Date

In response to investors' growing interest in the coronavirus pandemic and its credit effects on companies, S&P Global Ratings is publishing a regularly updated list of rating actions we have taken globally on corporations and sovereigns (see list of article titles below) as well as summary table and supporting charts. Also included is a summary of project finance rating actions. These are public ratings where we cite the coronavirus pandemic, oil prices, or both as a factor. This information is as of July 27, 2020, unless stated otherwise.

For a list of U.S. public finance rating actions, see "COVID-19 Activity In U.S. Public Finance." For the most recent list of structured finance rating actions, see "COVID-19 Activity In Global Structured Finance As Of July 3, 2020."

On July 7, 2020, we began incorporating subsidiaries into our computation of each sector's percentage of rating actions. We did this to provide better context to the population of rated corporate, financial services, and sovereign issuers affected by the COVID-19 pandemic and oil-price dislocations. This change is incorporated into Charts 1 and 7 below.

Chart 1


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Chart 9


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Chart 11


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Chart 13


For a comprehensive list of ratings lowered or placed on CreditWatch with negative implications, or outlooks revised to negative, click the link below and select "1. Negative Rating Actions On Corporations And Sovereigns - Year To Date." The list includes corporate, financial institutions, insurance, project finance, and sovereign ratings.

July 27, 2020 

July 24, 2020 

July 23, 2020 

July 22, 2020 

July 21, 2020 

July 20, 2020 

July 17, 2020 

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June 9, 2020 

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June 1, 2020 

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May 1, 2020 

April 29, 2020 

April 28, 2020 

April 27, 2020 

April 24, 2020 

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April 17, 2020 

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April 1, 2020 

March 31, 2020 

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March 27, 2020 

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March 18, 2020 

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March 10, 2020 

March 9, 2020 

March 6, 2020 

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Feb. 28, 2020 

Feb. 27, 2020 

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Feb. 21, 2020  

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Feb. 18, 2020 

Feb. 14, 2020 

Feb. 12, 2020 

Feb. 6, 2020 

Feb. 3, 2020 

This report does not constitute a rating action.

Credit Markets Research:Nicole Serino, New York + 1 (212) 438 1396;
Sudeep K Kesh, New York (1) 212-438-7982;
Secondary Contacts:Jeanne L Shoesmith, CFA, Chicago (1) 312-233-7026;
Anthony J Flintoff, Melbourne (61) 3-9631-2038;
Alex P Herbert, London (44) 20-7176-3616;
Ben L Macdonald, CFA, Centennial (1) 303-721-4723;
Diego H Ocampo, Buenos Aires (54) 114-891-2116;

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