Companies Consider Junk Bonds to Exit Ch. 11

M. S.
March 2010
Bank Loan Report;3/1/2010, Vol. 25 Issue 9, p1
Trade Publication
The article reports on the increasing number of companies that consider junk bonds to finance their exits from bankruptcy in the U.S. It cites that Reader's Digest Association, Six Flags Inc. and Lyondell-Besell are among the companies that used and are considering junk bonds to finance their exits. It notes that junk bonds provide the advantage of paying fixed interest rates that allow greater pricing stability.


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