Berry Global seeks lower rates as investors fly to quality
October 09, 2019 at 15:48 PM EDT
NEW YORK, Oct 9 (LPC) - Plastics maker Berry Global is looking to take advantage of white-hot demand for better-rated leveraged loans and reduce pricing on approximately US$2.03bn in debt as global volatility rippling through the market is causing investors to seek safety in higher-quality assets.
