X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Ron Borcky, global director of credit at International Paper Co. (IP), recalls his surprise back in 2001 when companies that carried investment-grade credit ratings began to “pretty much collapse.” If you couldn’t depend on the credit ratings agencies to spot trouble, what was the potential for hidden problems at other public companies? Borcky decided that he needed to supplement the various sources of credit data that IP already used to track its tens of thousands of customers and their ability to pay with information from CreditSights Ltd., including its BondScore, a credit risk measure that incorporates the price of a company’s equity and the volatility with which it trades. “The more information I can get the better, particularly information that’s plugged into the equity market,” Borcky says. And that’s exactly what IP is able to get from BondScore, where the risk model is based on timely market information.

This premium content is locked for
Treasury & Risk subscribers only.

Already have an account?
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to groupsales@alm.com to learn more.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.