Wall of Junk Debt Maturities Looms, Moody’s Says
Posted on February 1, 2010 by
The boom in the high-yield debt markets has bought time and breathing space for companies needing extra financial flexibility. But that has come at a cost, according to the latest annual report by Moody’s Investors Service: more than $700 billion will come due between 2012 and 2014.
