Buyout Debt Is Surging to Levels Not Seen Since Before the Financial Crisis
Bankers are looking to sell off approximately $138 billion of buyout debt in the coming months, according to JPMorgan.
Banks are trying to sell a huge amount of money they lent for big company takeovers—more than they have in over 15 years. When banks sell lots of this type of debt, it can mean the market is getting busier, but it's worth watching to see if companies can actually pay it back.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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