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Quite possibly some of the strategy behind this is to improve their staying powers. If institutional investors hold bonds with 40 year maturity in Facebook the
by dogma1138 3y ago
Quite possibly some of the strategy behind this is to improve their staying powers.
If institutional investors hold bonds with 40 year maturity in Facebook they might be less inclined to invest in companies that might upend them.
- almog 3y ago> If institutional investors hold bonds with 40 year maturity in Facebook they might be less inclined to invest in companies that might upend them. They have no obligation to hold these bonds to maturity.