Morning Scan: Eyes on Loan Caps, Bonus Clawbacks, Coal
03/21/16
Wall Street Journal
Banks, including Credit Suisse, Jefferies and Wells Fargo, are losing their appetite for lending to companies seeking financing for debt-heavy buyouts. These firms have been rejecting these requests since about last summer. Earlier, banks would guarantee funding of these deals with hopes of handing it off to bond and loan investors; some have taken losses unloading debt at discounts, some hold the loans waiting for better prices. But now the banks are burdened...
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