By: Research Recap
July 22, 2009 at 17:43 PM EDT
Credit Rollovers Key to Liquidity of Non-financial Companies
Rollover of revolving credit facilities is the key to sustaining adequate liquidity among non-financial companies, according to Moody’s. In its Spring survey of liquidity conditions of 1,300 non-financial, non-utility companies in the Americas, Moody’s said the majority of rated issuers (91%) benefit from committed revolving credit facilities as a reliable source of external funding. “Over the [...]
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