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Michael Zdinak

Michael Zdinak

Rising US Interest Rates Squeeze Highly Leveraged Companies as Missed Payments Increase
Business News

Rising US Interest Rates Squeeze Highly Leveraged Companies as Missed Payments Increase

Highly leveraged companies are finding it increasingly difficult to cope with rapidly rising interest rates in the US. Financing plans are being put on hold, maturities on new loans are getting shorter, and missed payments are becoming more frequent among companies with the lowest credit ratings, the Financial Times reports
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