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Stock impact report

A flood of corporate debt could make the economic recovery more difficult [CNNMoney.com]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: CNNMoney.com
A flood of corporate debt could make the economic recovery more difficult New York (CNN Business) Corporate debt was already at historic highs even before the coronavirus crisis. Now it's soaring at an unprecedented pace as companies scramble to ensure they have enough cash to weather the crisis. That added debt could make an economic recovery much more difficult. Companies will have to pay down those borrowings, forcing them to scale back planned investments, defer capital spending projects or postpone bringing back employees they let go during the crisis. "If a company is borrowing just to survive through the pandemic, that borrowing could in the future impact their ability to invest in other things," said Will Caiger-Smith, associate editor of research firm Debtwire. "It'll be a headwind to the recovery. They won't just answer to their shareholders or employees, they'll have to answer to their lenders." The value of investment-grade corporate bonds issued in 2020 so far by Show less Read more
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