Monday, February 8, 2010

Trillion-Dollar Tab Awaits Debtors

Excerpt:

$1.4 trillion in [corporate debt] needs to be repaid or refinanced by 2014.

Companies with the weakest credit and the heaviest debts will have to pick up $800 billion of that tab. The rating agency Moody's calls the maturing debt an "avalanche."

http://www.forbes.com/2010/02/08/debt-bonds-banks-loans-markets-bonds-finance.html

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