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KM Financial Solutions | Hard-hit energy companies’ bonds rise after Fed expands loan program
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Hard-hit energy companies’ bonds rise after Fed expands loan program

29 Apr Hard-hit energy companies’ bonds rise after Fed expands loan program

Posted at 21:02h in News by
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Bonds of hard-hit oil and gas
companies such as Occidental Petroleum, Antero Resources
, WPX Energy, HighPoint Resources and
Western Midstream Partners rose in price on Thursday
after the Federal Reserve announced it would expand its Main
Street Lending Facility to larger and riskier companies affected
by the coronavirus pandemic.

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