Debt exchanges come of age
Since the crisis, corporate borrowers have been busy buying back debt and replacing it with longer tenors, in so doing cutting refinancing risks and locking in attractive rates. Katie Llanos-Small looks at the latest liability management techniques hitting the market.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts