Julie Crawshaw:
"A new report from Standard & Poor’s estimates up to $46 trillion in
refinancing and new financing needs by companies during the next four
years — and credit markets may not be able to handle it, the Business
Insider reports.
According to the report, the global "wall" of non-financial corporate debt
maturities coming due from 2012 to 2016 isn't new to market observers.
Less discussed is the incremental financing that corporate debt issuers
will need during this period to fund capital expenditure and working capital
growth. S&P’s ratings services estimates the total amount of refinancing
and new money requirements during the next five years at between $43
trillion and $46 trillion......" (Read more? Click title)
"Unapologetic pursuit and tracking of patterns within the news others make since 2010."
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