The high cost of corporate debt

Companies face difficult task of paying off big debts amassed when credit was cheap

By Jack Healy and Vikas Bajaj / The Bulletin
January 20, 2009

Like consumers and homeowners, America’s corporations binged on easy credit when times were flush, racking up huge debts. Now the bills are due, and paying them back will not be easy, or cheap.

This year alone, more than $700 billion in corporate loans will come due, according to....

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