Goldman Sachs: We now expect total debt issuance by megacities to reach $420 billion in 2027, reflecting an upward revision to our capital expenditure forecast, which is more than 60% higher than our estimate of $250 billion for the whole of 2026.

2026-09-18

Goldman Sachs: We now expect total debt issuance by megacities to reach $420 billion in 2027, reflecting an upward revision to our capital expenditure forecast, which is more than 60% higher than our estimate of $250 billion for the whole of 2026.