1. Fixing GE's Massive Debt Pile is 'Critical' to Corporate America, Analyst Says

    Yahoo! UK & Ireland Finance BoardNews
    Fixing GE's Massive Debt Pile is 'Critical' to Corporate America, Analyst Says

    How General Electric (GE) resolves its debt problem will be "critical" to the wider Investment Grade (IG) market, an analyst said Monday. The General Electric Company has witnessed an exodus of investment from both its equity stock and corporate debt as its future has been called into question. The U.S. behemoth has piled on the debt in recent years as it looked to buy companies, pay off its pension deficit and buy back shares...

    Read Full Article

    Login to comment.

    Related Articles

  1. Search:

  2. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content

  3. Quotes

    1. The GE story, because it is such a massive pile of the corporate credit market and the IG market, how that plays out is kind of critical to the IG market.
    2. In the near-term, they have the ability to shore up their position to limit that downside should there be an economic downturn.

  4. Topics Mentioned