US companies eye credit lines as pandemic worsens, uncertainty soars

Fri, Mar 13, 2020 - 6:49 AM

[NEW YORK] US companies including Hilton Worldwide and Wynn Resorts have begun tapping their credit lines to shore up liquidity amid growing market uncertainty triggered by the coronavirus outbreak.

Hotel operator Hilton said it plans to draw down on the remaining US$195 million it has on...

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