'Hidden' defaults set to soar as recession squeezes companies amid Covid crisis - FRANTREPRENUER NEWS

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Sunday, 10 May 2020

'Hidden' defaults set to soar as recession squeezes companies amid Covid crisis

Rating firms predict that more companies will pursue distressed debt exchanges, in which they try to overcome liquidity problems by swapping debt or buying it back at steep discounts.

from Hindustan Times - business https://ift.tt/2xTsSoM
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