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They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good
Zombies are commonly defined as companies that have failed to make enough money from operations in the past three years to pay even the interest on their loans.
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They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good.
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their...
The debt-laden companies are struggling just to make interest payments, and may not survive any economic instability.