Borrowing Binge Reaches Riskiest Companies

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Investors’ near-insatiable demand for even the riskiest corporate debt is fueling a Wall Street lending boom, offering lifelines for struggling companies

and other popular stocks for individuals calms. Commodities such as oil and copper have surged lately, and more than $58 billion went into mutual and exchange-traded funds tracking global stocks during the week ended Wednesday, the largest such inflow on record, according to aInvestors’ optimism rests largely on the idea that current economic challenges aren’t normal and can be resolved quickly once coronavirus vaccines are more widely distributed.

One company that is capitalized on current market conditions is Community Health Systems, one of the country’s largest for-profit hospital operators. Mainstream debt investors were unwilling to lend to Gannett until recently because of its shrinking subscription and advertising revenue, so the company relied on hedge funds like Apollo for capital. But last month—as risk appetite rose and after Apollo exchanged a loan it had made into bonds that convert into Gannett stock—roughly 35 debt funds lent to Gannett at the lower rate, people familiar with the matter said. The company’s stock has jumped about 80% since Jan.

 

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sounds familiar

Lol implosion imminent

Because rich elite r poised&made presumptuously ready 4overtake. COVIDhas made the plan they all want&thats no unintended event.Those r vultures ready 2take any ownership they can.All want total overtake onUSCitizens=not 2help in any way.Sucking the life out of all of us 4greed.

Phi! Ja tam mam 100-letnie obligacje Peru więc mi to wisi :)

Please Help Us We need serious actions on military. WE DO NOT SAFE WhatsHappeningInMyanmar Feb15Coup

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