Global Debt Market Lost at Least $75 Billion of Business in 2022
- Borrowers shelve financing plans amid war, inflation concerns
- Some seized on window of relative stability to revive deals
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More debt financing was canceled or postponed globally in 2022 than even during the tumultuous pandemic period.
Roughly 140 fund-raising transactions including bonds, loans, and asset-backed securities worth at least $75 billion were pulled in 2022, only slightly below the combined tally of 2021 and 2020, according to data compiled by Bloomberg.