Global corporate issuers face US$10 trillion in rated debt maturities to end-2020: S&P

NEW YORK Standard & Poor's Global Fixed Income Research Group estimates that about US$9.9 trillion in rated corporate debt is scheduled to mature from July 1, 2015, through the end of 2020, reaching its highest annual level in 2017, when US$1.9 trillion is set to mature - a 9% increase from the US$1.76 trillion set to mature in 2016.

"Of the total due to mature through 2020, financial company debt is 43%, nearly 93% of which is rated investment grade ('BBB-' and higher)," says Diane Vazza, head of S&P’s Global Fixed Income Research Group.

"The US$2.48 trillion in speculative-grade debt ('BB-' and lower) is just one-quarter of the pending maturities through 2020, but is relatively higher risk, with a greater potential for refinancing stress." www.standardandpoors.com (ATI).