Deep Dive: 'No clear maturity wall' as companies navigate higher debt servicing costs

Central banks across the US, UK and Europe have been signalling interest rates would remain higher for longer since the start of the final quarter of 2023 even with a pause from all three at its latest respective monetary policy meetings. Higher rates come with higher costs associated with debt, as companies near maturities of the loans secured before the Covid-19 pandemic or as the virus was spreading worldwide. This can lead to corporates facing significantly higher costs when it comes to servicing their debts and securing refinancing once reaching maturity. According to figures ...