Friday, December 8, 2017

LPC: Loan borrowers warn US tax policy may hit future earnings (MTSC, JCP, MCO)

“Even though limitations on interest expense is potentially adverse, free-cash flow should go up because the corporate rate has dropped by 15 points,” EY's Whelan said. “It's prudent for companies to flag the issue and work through interest limitations, but private equity buyers are not just looking at the ...

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