New deal for post-covid discounted debt

Spread the love

The massive spike in defaults that some players predicted after the onset of covid did not materialize due to supportive measures from political authorities. Whether injecting cash or allowing companies to defer the fixed costs of their balance sheets, these measures have given debt issuers more time and flexibility to deal with this low-income environment.

While this has been largely positive for businesses, these policies have important long-term implications.

newsoceon.com