Have you refinanced this quarter’s maturing bonds early? If so, well done. If not, you may be in trouble. The largest amount of US debt for five years is due to mature this quarter, and spreads are only going to widen.
Fitch Ratings and Thomson Financial put the figure for US corporate debt maturing this quarter at $113.6 billion and $117.3 billion respectively, the largest amount since 2000. At the same time, the Federal Reserve seems poised to raise interest rates again and concerns over General Motors and AIG are pulling spreads wider.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
