Mergers Would Make AT&T, Comcast World’s Most Indebted Companies
A wave of anticipated major-media mergers would remodel AT&T Inc. and Comcast Corp. into the 2 most indebted corporations on the planet, a standing that carries uncharted dangers for traders within the companies’ bonds.
If each offers are finalized—AT&T has purchased Time Warner Inc. and Comcast hopes to buy 21st Century Fox Inc.—the businesses will carry a mixed $350 billion of bonds and loans, in accordance with information from Dealogic and Moody’s Traders Service. The purchases are supposed to present further earnings to assist the acquirers…
Supply hyperlink – https://www.wsj.com/articles/mergers-to-make-at-t-comcast-worlds-most-indebted-companies-1529314201?mod=pls_whats_news_us_business_f