330x110
 

Forecast: Corporate debt in global economy to grow

13.07.2020,12:44


July 13, Fineko/abc.az. The corporate debt in the global economy will grow by about $1 trillion against the backdrop of the COVID-19 pandemic.

ABC.AZ reports that according to a study by Janus Henderson on asset management called the Corporate Debt Index, the total corporate debt in the global economy will grow by 12% this year up to $9.3 trillion.

Last year, this indicator increased by 8.1%, and the main causes for this were funds spent on company consolidation, purchase and purchase of shares with dividends. But it is indicated that this year the main drivers of growth will be the funds that companies spend to maintain their financial positions, and the debts they receive.

The study is based on an analysis conducted among 900 companies with the highest level in the world.