A growing wall of U.S. corporate debt is set to mature from 2027, raising the pressure on companies to refinance borrowings that were secured at ultra-low interest rates during the pandemic, according to a report by Reuters.
About $4.3 trillion of non-financial corporate bonds issued in U.S. markets will mature between 2027 and 2031, according to a Reuters analysis of LSEG data. Annual maturities are expected to rise from about $572 billion in 2027 to roughly $1.03 trillion in 2030, after companies extended debt repayment schedules through refinancing, the report stated.