Lowest level of corporate insolvencies since electronic records began
But this is expected to rise.
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New Zealand is seeing the lowest level of corporate insolvencies since electronic records began, but this is expected to rise along with interest rates.
Companies benefitted from excess liquidity from 2014 to 2016 through lower costs of borrowing, fewer covenants and higher leverage.
However,
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Calida Smylie
Fri, 20 Oct 2017
Fri, 20 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Lowest level of corporate insolvencies since electronic records began
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