"There will always be some issuers that would face difficulty refinancing near-term maturities," Puchalla of Moody's said. The "bigger picture is that companies on balance have been able to proactively address their maturities. So at least for the next 12 to 15 months, they don't seem to be a widespread problem."
Investors Pour Into Junk Bonds As Defaults Slow
August 7, 2012
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