Press "Enter" to skip to content

GE Bondholders Benefit at Shareholders' Expense


General Electric Co.’s bonds are outperforming its stock by one key measure, a sign that the company’s complex restructuring is benefiting lenders more than shareholders.

Prices of both GE’s shares and bonds rebounded this year after last fall’s steep selloff, but bonds have fully recovered their losses, while GE’s equity has only retraced about 57% of its decline.

The…



Source link

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *