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U.S. companies paying down maxed out credit lines with bond issues: BoA note

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Home Blogs > Business
Apr 22 '20 | By oiam2companyadmin | Views: 35 | Comments: 0

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An increasing number of U.S. companies are selling bonds to repay lines of credit they drew down at the height of the coronavirus-induced market turmoil, an indication that the cash crunch facing much of Corporate America may be easing, according to Bank of America analysts.
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Source: https://www.reuters.com/article/us-health-coronavirus-usa-debt/u-s-companies-paying-down-maxed-out-credit-lines-with-bond-issues-boa-note-idUSKCN2243HT?feedType=RSS&feedName=businessNews

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