Not exact matches
Other bond markets,
like the high yield corporate and senior loan markets often have high concentrations of
debt maturing in specific years in the near future — often referred to as a «
maturity cliff».
Debt mutual funds mainly invest in fixed income securities like Treasury Bills, Government securities, corporate bonds, and other debt securities with different maturit
Debt mutual funds mainly invest in fixed income securities
like Treasury Bills, Government securities, corporate bonds, and other
debt securities with different maturit
debt securities with different
maturities.
Many lending covenants will keep companies to something
like a 5 to 1
debt to earnings / EBITA ratio, so if the loan
maturities are evenly spread out over 5 + years, it should be possible to become
debt free by paying off the loans as they mature (by suspending dividends / capital reinvestment spending / deferring maintenance etc).
Essentially, loans were becoming more
like bonds: they were becoming
debt instruments to be traded between various investors, rather than loans which a single bank would hold to
maturity and beyond.
Apparel and accessories chains including J. Crew Group Inc., Claire's Stores Inc., Nine West Holdings Inc. are already on creditors» radar because,
like the toy retailer, they have large
debt loads, looming
maturities, and weakening results that could force a restructuring at some point.