News | 11.28.18
Leveraged Lending Market Getting Larger, Riskier: S&P
The market for syndicated leveraged loans to highly indebted companies has become larger and riskier over the past year, reaching about $1.1 trillion as of the end of September, according to a report from S&P Global Ratings. That number is up from $960 billion at the end of 2017 and nearly double the lending amount in 2008. Reuters reports that investors are warning Federal Reserve officials behind closed doors that record leveraged lending to companies from lightly-regulated corners of Wall Street could make any economic downturn harder to manage.
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