OK, So What Are Interest Rates Now?

In response to my “Seems Smart Now” post about the risk of a company funding all its capital needs with short-term floating rate debt, I got several inquiries about the rate levels for longer-term debt.  Please see the following article from Churchill Financial’s blog “On The Left” which presents term debt rates for the 4th quarter 2011 by industry sector (data provided by Thomson Reuters).

3 Yr Term Loan Interest Rates by Industry Provided by Thomson Reuters

Interest Rate Stats Provided by Thomson Reuters