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Mideast firms to need $91bn in refinancing: Moody’s

: Thursday, July 31 - 2014 @ 08:49

Moody’s Investment Services has said Middle East investment grade companies face refinancing needs of about $91bn from bank and bond debt due to mature over the next four years, Gulf News has reported. The refinancing needs of the region accounts for around 8% of total Europe, Middle East and Africa (EMEA) region’s bank and debt maturities of $1.17trn, Moody’s said. EMEA’s refinancing requirements between 2015 and 2018 comprise $322bn in bank debt and $788bn in bonds, it said.

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Thursday, July 31- 2014 @ 8:49 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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