Record company debt levels set to soar by $1trn in 2020 - Janus Henderson
VW world’s most indebted company
Tom Ross: "It's clear, however, that 2020 will see net corporate debts soar to another new record, as much as $1trn higher than 2019."
Debts racked up by companies across the world reached a record $8.3trn in January this year and are expected to surge by a further $1trn in the wake of the Covid-19 pandemic, analysis suggests.
Janus Henderson's Corporate Debt index said global company debt was up 8.1% year-on-year, its fastest rate of growth for five years. It explained companies borrowed to fund takeovers, share buybacks...
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