Corporate restructuring needs could surpass 2008 levels amid surging junk debt, says BlackRock – Markets Insider

Corporate restructuring needs could surpass 2008 levels amid surging junk debt, says BlackRock – Markets Insider

Reuters The scale of corporate restructuring could surpass financial crisis highs on a growing pile of rotten classified debt, BlackRock said Monday. The stock of substandard debt has reached $ 5.3 trillion since 2007. The coronavirus pandemic has only exacerbated growth, as Federal Reserve bond purchases revived the credit market and companies rushed to raise […]

The post Corporate restructuring…

View On WordPress


Discover more from USNewsRank

Subscribe to get the latest posts sent to your email.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x