Companies are leveraging the red-hot bond market for cheap financing, sparking concerns of potential credit crunch
From N/A – News.google.com is not associated with any specific media company.: 2024-10-21 09:15:00
The red-hot bond market is fueling a surge in risky borrowing, as companies take advantage of cheap financing. Companies are issuing bonds at a record pace, with sales in Europe topping €1 trillion. The trend is helping companies lower their interest costs and refinance existing debt. However, concerns are rising about the increasing debt levels among companies, sparking fears of a potential credit crunch in the future. Despite these concerns, companies continue to tap into the bond markets to take advantage of the favorable conditions.
Read more at N/A – News.google.com is not associated with any specific media company.: Red-hot bond market powers wave of risky borrowing | Stock Market News – Mint
