Phoenix LXVI: Get Your Kicks On Thread LXVI
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12-05-2012, 06:22 PM
Join Date: Aug 2004
Originally Posted by
Can someone explain to me how they can save 28m$ by refinancing 1.1b$ of their debt now, with a lower credit rating???
Probably has to do with the overall state of the bond market.. other investments are seen as risky right now, so bond rates are lower than they would be under a healthy economy.
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