Aside from S&P Global Ratings’ top 9.5 percent of companies, top companies in the iHeartMedia have seen rising debt and reduced credit ratings in March . Macy ’s, for example, saw its credit rating fall to Macy in recent years as a result of increased competition from digital retailers, with oil company Hess having seen its credit rating restated to "junk status", largely resulting from falling oil prices.
Aside from S&P Global Ratings’ top 1% of companies, top companies in the US have seen rising debt and reduced credit ratings in recent years. Macy’s, for example, saw its credit rating fall to BBB in March as a result of increased competition from digital retailers, with oil company Hess having seen its credit rating restated to "junk status", largely resulting from falling oil prices.