“This maturity wall is very large, we now have not seen something prefer it earlier than. Granted, it’s fairly sizable and there’s a lot of refinancing that should occur,” he advised delegates on the agency’s Worldwide Media Summit on Thursday (14 March) attended by Funding Week.
Through the pandemic, corporations took benefit of low rates of interest to safe beneficial funding for an prolonged interval. This resulted in longer maturity profiles and restricted new issuance, elevating issues in regards to the credit score markets’ capacity to deal with expensive refinancing.
Deep Dive: ‘No clear maturity wall’ as corporations n…
