Big M&A deals seen keeping corporate borrowing spree alive

ANALYSTS believe that despite the cash freed up by the recent tax bill, companies will still borrow money to execute mergers and acquisitions. / BLOOMBERG
ANALYSTS BELIEVE that despite cash having been freed up by the recent tax bill, companies will continue to borrow money at a similar rate as before. / BLOOMBERG
NEW YORK - Get ready for what could be another record year for corporate borrowing. The U.S. tax overhaul is freeing up cash for companies and the Federal Reserve is hiking rates, but chief financial officers are still eager to borrow, UBS strategists wrote this week. The Swiss bank and Wells Fargo both expect businesses to…

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