Dealmaking Competition Erodes Junk Loans’ Last Line of Defense

This is a live story built from multiple sources. It may evolve quickly.

Coverage meter • 1 min window

Back to home Open top source

B bloomberg.com

What’s included

Top recent items from this story.

1 items • 1 unique links

Bloomberg Markets 3 days ago • bloomberg.com

Dealmaking Competition Erodes Junk Loans’ Last Line of Defense

Relaxing covenant requirements to win competitors in the race to fund deals is leaving sub-investment grade loan investors without their last line of defense, according to an analysis by Moody’s Ratings.

Open