'Fallen angel' danger at highest since financial crisis - S&P Global
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LONDON (Reuters) - The coronavirus pandemic has pushed the number of companies at risk of having their credit ratings cut to 'junk' to the highest since during the global financial crisis, figures from S&P Global showed on Thursday.Globally, the tally of 'fallen angels' -- companies or countries whose ratings have been cut to below investment-grade -- has already jumped to 23, the highest since 2015, from just 2 at the end of January.The list of potential fallen angels has grown substantially..