It is possible Global corporations have $7.8 trillion in net debt to use Money Some of that has to be paid off as the economy slows and borrowing costs rise.
That is the vision Janus Property Manager Hendersonn Corporate borrowing hit a record high last year, it said in a statement After institutions, other than financial institutions, Consider US$456.000 million in net new debt.
(They are preparing a move to remove fuel subsidy for big companies).
Total outstanding debt is expected to decline by nearly 2% this year. $7.65 trillionCompanies are looking to ease the impact of falling profits and higher interest rates.
(Most are in trouble paying their debts).
“For companies considering how to structure their balance sheets, there’s no doubt that higher rates are starting to dampen the appetite for lending.” they say in the statement Michael Keough and James Briggs, Portfolio Managers.
(Ministry of Finance preserved the compromise with the Finance Ordinance).
They added that due to the lagged impact of refinancing requirements, higher rates are yet to gain traction, but this is likely to peter out in the foreseeable future. Janus Henderson noted that some companies have already started paying down debt, and the decision to do so varies significantly between different sectors and between strong and weak companies.
(Cost, a red flag that sets off alarms in the financial structure).
The report showed that companies Inactivity Y General services They had the highest debt-to-equity ratio of 241% and 145%, respectively.
(Why does Morgan Stanley recommend investing in ‘junk’ bonds?).
By region, credit has grown the fastest North AmericaThis is an increase of 56% $4.3 trillionSince 2016. development Europe And this United Kingdom In emerging markets and in stages, is slow Asiaexcept JapanCan.
Bloomberg
