Covid-19 will cause RM4.27 trillion in new global corporate debt in 2020: Report

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Covid-19 will cause RM4.27 trillion in new global corporate debt in 2020: Report
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| Companies around the world will take on as much as US$1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated.

The unprecedented increase will see total global corporate debt jump by 12 percent to around US$9.

3 trillion , adding to years of accumulation that has left the world's most indebted firms owing as much as many medium-sized countries...

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