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Capital Markets

Stormy Weather Looms for Refundings

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February 27, 2019

Moody’s: Economic slowdown would exacerbate structural refunding challenges. 

High-yield bond issuance has recovered from its December slump, but structural impediments could still create challenges for investment-grade and speculative-grade companies looking to refund bond and bank debt over the next few years, especially if the economy sours.

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