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Source: Live Mint Wolfspeed Inc. is struggling to reach a deal with investors to refinance its $575 million convertible bonds due next year. The Durham, North Carolina-based chipmaker has been working with JPMorgan Chase & Co. on the refinancing effort, according to people with knowledge of the matter, who asked not to be identified discussing…
Source: Live Mint A personal loan is a convenient tool to finance emergency expenses. Sometimes, due to the urgency of funds, a borrower might not assess the ability to repay the loan in future. In such a scenario, refinancing a personal loan is an effective tool to repay the existing debt and set revised terms…
Source: Live Mint Investors in the riskiest portions of collateralized loan obligations are seeing their returns get juiced thanks to the biggest wave of resetting on record. Resets, a form of refinancing for CLOs, surged to a US record of more than $26 billion in August, according to data compiled by Citigroup Inc. that dates…
