El Paso Sells $500M Debt (Reuters, 9 Dec 08)
High-yield companies may have a tough time refinancing maturing debt because of "economy-wide de-leveraging, capital markets that are on government life support, and inflation figures that are rolling over," Christopher Garman, chief executive officer of Garman Research LLC in Orinda, California, said in a Dec. 5 report
El Paso Sells $500M Debt (Reuters, 9 Dec 08)
High-yield companies may have a tough time refinancing maturing debt because of "economy-wide de-leveraging, capital markets that are on government life support, and inflation figures that are rolling over," Christopher Garman, chief executive officer of Garman Research LLC in Orinda, California, said in a Dec. 5 report