Corporate Debt
When a loan is granted to a private, non governmental organization, most probably a firm, it is called a corporate debt. Read ahead for more on Corporate Debt.
Pros and Cons of Corporate Bank Loans
Corporate debt can assume the form of bank loans or corporate bonds. The choice of whether to borrow money from the bank or raise money by issuing bonds depends on a number of factors. This writeup aims to explore the types of corporate bank loans and pros and cons of the same.
$20bn power firm failure
Eight of the 10 biggest bankruptcies in corporate history have happened in the past two and a half years, after US energy firm Mirant Corporation buckled under its debts late on Monday night.
WorldCom $40bn in Debt - and Counting
WorldCom became America's biggest corporate failure yesterday with $40bn in debt and gaping holes in its accounts that could be even larger than the $4bn fraud that has already entered the record books.