Use the Internet or Strayer online databases to research companies
like Philip Morris International, Medtronic Inc., Plains All American
Pipeline LP, and Simon Properties Group that all sold 30-year bonds in
2012 in an effort to extend their debt, lock in low interest rates, and
take advantage of investor demand. Then, determine the principal
advantages and disadvantage of issuing 30-year bonds over 5-year bonds
for the companies you researched. Provide support for your response.
Field of study:
