U.S. Leveraged Finance
For U.S. Leveraged Finance, How Much Credit Risk Remains?
While prices on speculative-grade bonds and leveraged loans suggest that the U.S. leveraged finance market has stabilized since the severe disruption of 2008-2009, Standard & Poor's Ratings Services believes risks remain, especially for borrowers at the lower end of the credit spectrum.
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While prices on speculative-grade bonds and leveraged loans suggest that the U.S. leveraged finance market has stabilized since the severe disruption of 2008-2009, Standard & Poor's Ratings Services believes risks remain, especially for borrowers at the lower end of the credit spectrum.
(more)
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