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By Davide Barbuscia
NEW YORK (Reuters) - Global corporate net debt has fallen by 1.9% to $8.15 trillion in the past year as higher borrowing costs reduce appetite for new financing and strong cash flows from years of accommodative monetary conditions help companies repay existing debt, a study of 900 top firms released on Wednesday showed.
Indebtedness is expected to decline by $270 billion in the coming year as companies take a more conservative stance due to higher interest rates and an econ...
>>> Read more: Global corporate debt to drop amid higher funding costs, study finds
NEW YORK (Reuters) - Global corporate net debt has fallen by 1.9% to $8.15 trillion in the past year as higher borrowing costs reduce appetite for new financing and strong cash flows from years of accommodative monetary conditions help companies repay existing debt, a study of 900 top firms released on Wednesday showed.
Indebtedness is expected to decline by $270 billion in the coming year as companies take a more conservative stance due to higher interest rates and an econ...
>>> Read more: Global corporate debt to drop amid higher funding costs, study finds
