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Only if the rates are adjustable. I'm not sure how common a financial advisor for a company would ok that, but I'll guess...almost never.
by reallydude 7y ago
Only if the rates are adjustable. I'm not sure how common a financial advisor for a company would ok that, but I'll guess...almost never.
- fallingfrog 7y agoWell they don’t have to be adjustable though right? I mean it doesn’t feel like this is debt that is ultimately being paid off, but rather just rolled over into new loans, on some schedule right? So when you roll it over, you might have to do so at a higher rate. I mean I’m not seeing companies go, ok we’re going to swap debt for equity here but then we’re going to pay all this debt off. The debt is permanent.