Junk Firms Seize on Drought in Buyout Debt to Slash Loan Costs

Bloomberg's Aaron Weinman joins Katie Greifeld on "Bloomberg Real Yield." The energy-drink maker Celsius, the sneaker firm Skechers and other junk-rated companies are seizing on hot credit markets to secure better terms from lenders, sharply reducing the extra yield their loans offer compared to benchmark borrowing costs. (Source: Bloomberg)