• 11/29/2024

Bankrupt Businesses Fight to Keep Cheaper Loans on Books as Interest Rates Rise

Wall Street Journal

Companies in financial distress are trying to reinstate loans as part of their chapter 11 plans to maintain debt they took out when interest rates were low.

https://www.wsj.com/articles/bankrupt-businesses-fight-to-keep-cheaper-loans-on-books-as-interest-rates-rise-9397ef81