Global corporate issuers face US$8.9 trillion in rated debt maturities through 2018 – S&P

HONG KONG - About US$8.9 trillion in corporate rated debt is scheduled to mature between 2014 and 2018, saccording to a new report published by Standard & Poor's Global Fixed Income Research. "We believe portion of the 2014 maturities have already been refinanced, given robust new issuance activity in recent quarters," said Diane Vazza, Head of S&P's Global Fixed Income Research.

Of the total due to mature through 2018, financial companies account for slightly less than half of the total, and about 79%, or nearly US$7 trillion, is investment-grade (rated 'BBB-' and higher). 

Data cited in the report covers debt from nonfinancial and financial entities rated by S&P. “Additional debt is maturing outside of our rated population, particularly in regions where capital markets are less developed,” S&P says.

“Entities domiciled in Europe account for about 46% of the US$8.9 trillion total. US-based entities account for about 39%, while those based in the other developed countries (Australia, Canada, Japan, and New Zealand) account for about 11%. Entities based in emerging markets, which have less developed credit markets, account for about 3.8%.”  www.standardandpoors.com (ATI).