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Record level of borrowing relative to earnings threatens to imperil the economic recovery.
In less than eight months, sales' value has already surpassed the total for all of 2017.
IRS temporarily loosens tax-break rules on corporate debt payments.
Initial targets for direct buying include AT&T, UnitedHealth, and Walmart.
When businesses get desperate and covenant violations seem imminent, disputes between lenders and borrowers (and their private equity sponsors) get heated.
Banks are encouraging companies at every level of credit rating to consider issuing bonds now, before economic conditions get worse.
New European Union guidelines instruct banks to consider environmental impacts and climate change when making lending decisions.
The success of a borrower's proposal for a loan waiver or amendment will depend on how easy it is for the lender to say yes.
How Royal Caribbean created a liquidity lifeline despite a ratings downgrade and an uncertain future.