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Chong added that there is material refinancing risk relating to short-term debt maturities, but that risk is mitigated by the companys investment-grade profile and the backing of a strong parent in Singapore Power.
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Mr. Marchionne said Chrysler would save enough interest by refinancing the loans to "make a material difference on our profit-and-loss table".
Refinancing requires some equity.
Southern California Water District, $59.4 million of revenue and refinancing bonds.
Others are refinancing their properties.
Already, refinancing activity appears to be slowing.
Is refinancing worth the upfront costs?
Companies have limited choices for refinancing needs.
If mortgage rates rise, refinancing could slump.
Refinancing might make things worse.
Section 7.3 concludes with indications about the legal structuring of the deal refinancing.
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