financial firms


US financial firms will have to replace $800 billion by 2015

LONDON | US corporate borrowers have nearly $3 trillion in rated debt that will mature by year-end 2016, according to risk agency Standard & Poor's estimates. In its June report about refinancing needs in the US, S&P analysts said the overall issuance volume in the US is sufficient to refinance this term schedule, but there could be foreseen potential friction for two areas of the corporate credit market: the lowest rated…