A debt strategy that’s seen as unsustainable is getting more popular on Wall Street

Quick Summary:

While deferring interest payments for a couple of quarters can help sidestep short-term cash squeezes, extended delays of payments makes it harder to refinance debt piles.

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Article Details

Author / Journalist: Silas Brown, Ellen Schneider, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Interest Rates Debt Payments Credit Corporate debt

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-18 @ 15:48:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 26 words

Reading Time: 1 minutes read

Sentences: 19 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 22125155

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 8 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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