Borrowers turn to shorter-dated private debt as rate uncertainty persists
Companies are increasingly opting for shorter maturities in the private placement market as uncertainty over the direction of interest rates makes borrowers reluctant to lock in elevated financing costs for extended periods, according to a report by Bloomberg citing Mizuho analysis of Private Placement Monitor data.
We haven't written up this one. Private Equity Wire has the full story — the link below goes straight to it.