Publication date:
January 17, 2024
Extended Debt Maturities Mitigate Default Risk, Says Bernstein
Bernstein analysis suggests that the extension of corporate debt maturities has reduced the immediate threat of widespread defaults.
Economy
According to Bernstein, many companies have proactively extended their debt maturities, which has helped to avert a surge in defaults due to rising interest rates. Experts forecast a moderate default rate of about 4% to 5% over the next year to year and a half.
