London, 24 November 2016 -- With yields at historical lows and interest rates likely to remain "low for longer" offering cheap borrowing and refinancing, EMEA infrastructure and utilities companies will be among the main beneficiaries given their typically high leverage, says Moody's Investors Service in a new report. However, search for yield in a weak economic growth environment drives competition for assets and results in a rise in other debt-like liabilities, so financial discipline will be key in preserving companies' credit quality.
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