Asian firms scramble to meet $69b in second-quarter debt refinancing

Asian firms scramble to meet $69b in second-quarter debt refinancing

A woman in red jacket and black pants walking on sidewalk during daytime. Source: Macau Photo Agency/Unsplash

Companies in the Asia Pacific need to raise a near record $69.3 billion to refinance their existing borrowings in the second quarter, Refinitiv figures show, as the region’s capital markets remain turbulent due to the coronavirus pandemic.

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