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Debt-Addicted Companies Look to Equity as Interest Costs Skyrocket

Debt-Addicted Companies Look to Equity as Interest Costs Skyrocket
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🔒 CFOs are favouring equity over debt as banks hike interest rates

In a notable shift, CFOs like Bryan Riggsbee of Myriad Genetics are opting for equity over debt as central banks hike interest rates.

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Debt-addicted companies look to equity as interest costs skyrocket

For the first time in a long while, it’s cheaper for some companies in the U.S. to sell shares than to borrow in the debt markets. Read more

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