Schlagwort: Debt Maturities

Most companies treat refinancing like administration. A maturity date approaches.A bank process starts.A few term sheets come in.The cheapest one wins. Done. This mindset is not only outdated. It is dangerous. Refinancing is not a transaction.Refinancing is a verdict. The market is not “tight.” Your structure is. In easy markets, almost everything refinances. Weak balance…