alt Hacker NewsTheir debt comes due. Most likely they get debt from a different bank or private credit firm to pay down the old debt.
Those who can’t refinance will sell assets or the business.
Their debt comes due. Most likely they get debt from a different bank or private credit firm to pay down the old debt.
Those who can’t refinance will sell assets or the business.
Eh, with ever increasing interest rates their may be no buyers, bankruptcy is looming.
What that means in the end will depend on individual businesses.