Wall Street Faces Losses on Buyout Debt

Wall Street Faces Losses on Buyout Debt

24 Jun    Finance News

Investment bankers in the US and Europe are bracing for potentially billions of dollars in total losses on big-ticket leveraged buyouts as they struggle to offload risky corporate debt that’s plunging in value amid a sweeping market selloff. Su Keenan reports on Bloomberg Television. ——–
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