Big BBB debt rollover is just three years away: A.M. Best
December 7, 2019 by Editorial Staff
By year-end 2022, $2.5 trillion of the debt of U.S. investment-grade corporations will mature, accounting for roughly half the U.S. investment-grade corporate bond market. Of those maturing bonds, 34% is rated BBB, according to a new AM Best Special Report.
“Given that these bonds must be refinanced or repaid by then, close attention should be paid in the next few years to the interest rate environment, credit spreads and ratings issued to bonds,” the ratings agency warned in a press release this week.
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Originally Posted at Retirement Income Journal on December 5, 2019 by Editorial Staff.
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