Automotive Insight
Auto suppliers selling junk bonds to raise capital
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:01:02
- More information
Informações:
Synopsis
WWJ auto analyst John McElroy reports several tier one suppliers, who are major players in the auto industry, are selling junk bonds because they couldn't sell their own stock to raise money for capital projects. (Photo: Getty Images)