Finance

Junk Issuers in Europe Cut Costs by Switching to Fixed-Rate Debt

High-risk borrowers in Europe are taking advantage of cheaper fixed-rate bonds to refinance floating-rate debt, cutting costs and buying protection against the risk of interest rate hikes.

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Bloomberg
April 30, 2026·1 min read
Junk Issuers in Europe Cut Costs by Switching to Fixed-Rate Debt

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High-risk borrowers in Europe are taking advantage of cheaper fixed-rate bonds to refinance floating-rate debt, cutting costs and buying protection against the risk of interest rate hikes.

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Junk Issuers in Europe Cut Costs by Switching to Fixed-Rate Debt

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