Interest costs at US companies rose by nearly 20% on average in the first quarter compared to a year earlier. That sticker shock is leading some businesses to look for savings, while others are tapping new, alternative funding sources.

As the regional bank turmoil continues and markets digest the Federal Reserve’s latest interest rate hike, investors and executives are turning to the next big question: What if lawmakers fail to resolve the standoff around the U.S. debt ceiling?

Marriott plans to tap the debt markets again this year to raise funding for upcoming maturities “as market conditions allow,” finance chief Leeny Oberg tells Bloomberg News.

U.S. companies are turning to derivatives to lock in future borrowing costs, as CFOs worry that financing will grow more expensive amid stubborn inflation, even if markets are bracing for rate cuts in 2023.

Conagra isn’t in a hurry to tap the credit markets, even though it has $500 million in debt coming due in less than four months. Highly rated companies usually try to refinance much earlier than that. Here’s why Conagra is waiting.

Adobe plans to tap the bond markets to fund its $20 billion acquisition of Figma and refinance upcoming maturities once it has secured approval from regulators.

After a decade of gorging on cheap money, indebted companies are looking at selling off chunks of their businesses as they fortify their balance sheets for the new era of higher interest rates.

Investors are quickly dividing corporate borrowers into haves and have-nots. Companies with investment-grade credit ratings are still finding reasonable access to credit, even if at a higher cost. Those with low ratings, meanwhile, are seeing their debt being shunned.

Turmoil in the banking industry is leading finance executives to review their companies’ exposure, open new bank accounts and invest excess funds in money market funds or Treasury bills.