US companies to register $ 10.5T in debt to creditors – pymnts.com
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The pandemic has fueled a record $ 10.5 trillion debt owed to creditors by U.S. corporations, 30 times the debt of 50 years ago, MarketWatch reported, citing a report from BofA Global Research.
The largest debt, $ 7.2 trillion, is owed by companies with investment grade credit ratings between AAA and BBB, MarketWatch reported.
AAA ratings are…