Junk Firms Are Refinancing Debt Early on Fear Costs to Rise
Junk-rated borrowers lining up around €3.7 billion ($4.3 billion) in refinancing deals are willing to accept significantly higher rates, betting costs will rise even further if they wait.
<p>Junk-rated borrowers lining up around €3.7 billion ($4.3 billion) in refinancing deals are willing to accept significantly higher rates, betting costs will rise even further if they wait.</p>