05 Feb Assessing the Impact of Financial Strategy Changes: Considering UST’s transition to a leveraged recapitalization from a long-standing conservative debt poli
Assessing the Impact of Financial Strategy Changes: Considering UST's transition to a leveraged recapitalization from a long-standing conservative debt policy, what are the potential implications for the firm's credit rating and cost of capital? Analyze how this strategy might alter the risk-return profile for bondholders and the overall volatility of UST’s earnings under different market conditions.