Corporate |

Corporate debt maturing in 2015-19 totals $8.9 trillion

Standard & Poor’s projected that $8,879bn in corporate debt worldwide would mature between 2015 and 2019, with $1,610bn due in 2015, $1,753bn in 2016, $1,894bn in 2017, $1,714bn in 2018 and $1,908bn in 2019. The U.S. has $3,700bn in maturing debt during the covered period or 41.7% of the global maturing debt; followed by Europe with $3,631bn (40.9%), other developed countries with $969bn (10.9%) and emerging markets with $578bn (6.5%). In addition, non-financial corporate debt…

Kenya’s Weekly News Review: 6th Feb 2015

Posted on by The Editorial Team

The National Treasury will be seeking to spend an additional Sh137 billion before June as government speeds up investment in big projects while setting aside Sh8 billion to pay salaries and allowances for public servants. The revised estimates, which will have to be tabled before parliament in supplementary budget, are contained a draft budget policy statement published on Friday. Additional money will also finance other projects recommended by parliament during budget approval but which the…