4 ms·
in the corporate space this is super common and makes a lot of sense.. you sell debt at one rate, find a better rate deal that lets you pay it off later and tra
by senectus1 7mo ago
in the corporate space this is super common and makes a lot of sense.. you sell debt at one rate, find a better rate deal that lets you pay it off later and trade one less favorable debt for the new better terms debt.
the company I work for has always done this very successfully.. is now a multi billion dollar multi national.
- OutOfHere 7mo agoYes, debt refinancing is common for corporations. It doesn't however excuse an indefinite debt. I maintain that a debt held for more than a generation (30 years) is a forecast sign of failure to come.