JPMorgan’s Aronov Sees More Junk Firms Struggling to Repay Debts
The Credit Edge by Bloomberg Intelligence
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The Implications of Payment in Kind in Today's Credit Landscape
This chapter delves into Payment in Kind (PIC), a practice where companies increase debt instead of repaying it, particularly affecting struggling sectors like retail. The discussion examines the implications on financial health, default rates, and the evolving credit landscape, while forecasting future trends based on current economic indicators.
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