Why is the PIK Debt Market Robust Again?
Payment-in-kind (PIK) debt issuance has seen a resurgence since the financial crisis, with a record of 36 U.S. deals completed in 2013. Look closer at what type of issuers are accessing the PIK feature and why it's rebounded.
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Corporate Treasury & Cash Management
Fitch Ratings provides comprehensive research and commentary on short-term credit markets, including regulation, money market funds, commercial paper, repos, and counterparty risk, as well as economic and industry outlooks.
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Credit Risk Indicators
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