Companies May Speed Up Refinancing Plans as Higher Rates Loom

The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team.“Even with the increase in interest rates, financing costs are still attractive,” noted Marc Fratepietro, global co-head of the investment-grade debt capital markets business atAfter Russia invaded Ukraine in late February, finance executives suddenly found themselves plying choppier markets. But the turmoil seemed to have little effect on bond sales.

PLC, a building products and energy services company, has just under $1 billion in debt coming due in the next 12 months. The company is hedging rates for most of the debt it plans to refinance, Finance Chief Olivier Leonetti said. Many businesses in recent months took advantage of still-low rates to bring down their financing costs., a maker of medical devices, in March priced €3 billion, equivalent to $3.27 billion, in senior notes in Europe and tendered $2.85 billion in the U.S.

Put the rest on my tab.

I guess I liked the man side better but he had 2

I hear they're not real Nazis and they are being publicly humiliated because I considered what the Nazis question was all about!!!!!!

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