The global debt market lost more than US$30 billion in 2023

2023-12-12 19:58:00

More of US$30,000 million in debt financing were scrapped or postponed globally in 2023most of which were shelved in the last quarter following Tensions will increase in Israel and the Gaza Strip.

Most of the 79 deals canceled corresponded to bond salesand Asian domestic debt in Japan led the way.

Some issuers They found windows of opportunity to recover their agreementsas a leveraged loan to Qlik Technologies Inc. which resumed in October following being postponed in March, while PG&E Corp. obtained a bridge loan that was later replaced by loans and convertible bonds following shelving a planned initial financing in May.

Translated by Bárbara Briceño.

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