US tax bill no threat to leveraged finance, say analysts

By David Bell
19 Dec 2017

The final version of the government’s tax reform bill that the US congress will vote on this week is tough on highly levered US companies, said Fitch on Monday, but most analysts believe the changes won’t significantly dent appetite for corporate borrowing.

The final version of the tax bill is due to be voted on by the US House of Representatives on Tuesday, followed by the Senate on Wednesday.

One of the measures in the bill reduces the proportion of interest payments that companies can deduct from their tax bill, ...

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