A $23 billion pile of debt is stifling emerging-market companies already strained by the tumble in commodity prices to 16-year lows and weaker currencies.
The bonds in U.S. dollars, which come due before the end of 2016, have become more expensive to roll over or repay after the selloff triggered by China’s yuan devaluation this month sent yields soaring to close to the highest levels in four years. Brazil’s Petroleo Brasileiro SA and billionaire Carlos Slim’s Mexican wireless company America Movil SAB are among the 10 most-burdened borrowers, according to data compiled by Bloomberg.
Brazil Energy Insight 
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