Strong U.S. loan and bond sales pushed out the maturity on the biggest amount of corporate debt for the neediest borrowers to 2017, according to Moody's Investors Service.

About $645 billion of junk-rated debt will mature during the next five years, excluding financial companies, with a peak $258 billion of bonds and loans coming due in 2017, Moody's said yesterday in a report. A year ago, the so-called maturity wall was expected to peak at $246 billion in 2016, the credit-rating company said.

Issuers may refinance as much as $243 billion of junk-rated loans in the next three years, according to the report. High-yield, high-risk debt has a ranking of less than Baa3 by Moody's and below BBB- at Standard & Poor's.

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