The wall of global corporate debt coming due is growing.
There is some $10.3 trillion in corporate rated debt worldwide scheduled to mature by 2021, according to S&P. That’s a 4% increase from the figure one year ago, when S&P estimated some $9.9 trillion that was scheduled to mature through 2020.
U.S. based corporates account for the biggest slice of the global debt pie, at 45%.
Of the $10.3 trillion maturing by 2021, 26% is speculative grade, S&P says. – Tim Cross
This analysis is taken from a longer piece of research, available to subscribers to S&P’s Global Credit Portal. It was written by Diane Vazza, Nick Kramer, Evan Gunter, and Andrew South.