$300 Billion of Private-Equity-Backed Debt Comes Due Starting in 2028

Private-equity-backed companies face a $300 billion wall of debt coming due starting in 2028, the Wall Street Journal reported October 27, 2026. Sponsors are racing to negotiate loan extensions on much of it. Terms such as higher margins, tighter covenants and fees will determine what each extension costs. Dow Jones places the loans in 2028 and 2029.