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- UID
- 223468
- 帖子
- 213
- 主题
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- 注册时间
- 2011-7-11
- 最后登录
- 2014-2-27
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They get to issue new debt at the lower rate.
Think about having a mortgage on a house and rates drop. You re-fi and get a new mortgage, it's the exact same thing. The company and issue new debt and reduce their future interest expense, just like a homeowner can re-fi and reduce future interest expense. |
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发表于 2011-7-11 18:37
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