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Finance & Markets

Junk Firms Are Refinancing Debt Early on Fear Costs Will Rise

Junk-rated borrowers lining up around €3.7 billion ($4.3 billion) in refinancing deals are willing to accept significantly higher rates, betting costs will rise even further if they wait.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Rupee records gain against US dollar

The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Monday. The local unit closed the day at 277.31, a gain of Re0.01 against the greenback.

More from Monday 14 September →