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More companies are selling shares to help cut debt

With borrowing costs now much higher after the end of the easy money era, management decided this year that an equity raise was a palatable option to cut leverage.

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More Companies Are Selling Shares to Help Cut Debt

More Companies Are Selling Shares to Help Cut Debt
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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More Companies Are Selling Shares to Help Cut Debt

(Bloomberg) When Metals Acquisition Ltd. bought a copper mine in Australia from Glencore Plc for almost $900 million upfront in 2023, it turned to the debt markets to help fund the purchase.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying of U

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Eight stock picks in AI, obesity drugs, e-commerce and other growth areas beyond the S&P 500

Eight stock picks in AI, obesity drugs, e-commerce and other growth areas beyond the S&P 500
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Record US stock rally is under threat from a world in turmoil

Investors and firms are flagging that the war in the Middle East poses a major risk for earnings as boycotts dampen sales and Red Sea shipping chaos threatens their supply chains.

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