Scott Macklin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Companies sold a record volume of leveraged loans last month, taking advantage of the cash chasing credit. A glance at recovery rates for defaults, however, highlights a growing risk in this debt. Most Read from BloombergHomebuyers Are Starting to Revolt Over Steep Prices Across USWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedModi Set for Landslide Election Win in India, Exit Polls ShowSaudi Arabia Puts Wall Street on Notice to Set Up Shop in RiyadhTrump Is

(Bloomberg) -- A crowd of large global banks is starting to muscle in on the lucrative business of arranging collateralized loan obligations, another sign that life’s returning to this crucial $1.3 trillion corner of corporate finance.Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillWall Street Regains Footing After CPI-Fueled Rout: Markets WrapDemocrat Suozzi Wins Back NY House Seat Vacated by SantosA ‘Clerical

(Bloomberg) -- For a fleeting moment this month, investment bankers in leveraged finance — the lucrative lending that oils the wheels of M&A and feeds the $1.3 trillion market for collateralized loan obligations — had rare cause for cheer. Company valuations were enticingly low for dealmakers, the US Fed looked closer to reversing punishing rate hikes, loans were getting done.Most Read from BloombergUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil De

A successful sale of debt backing several large leveraged buyouts being sounded to investors is expected to spark a rush of new junk-bond supply this month from companies looking to fund acquisitions...

(Bloomberg) -- Global banks are growing wary of risky credits as turmoil envelops the industry, crushing the market for new leveraged finance deals just as it was beginning to regain its footing. Bank underwriters across the US and Europe are pulling sales and pausing future ones amid tepid demand. Barclays Plc recently shelved a pair of loans for Ineos Enterprises and Russell Investments, while JPMorgan Chase & Co. yanked a deal for Agiliti Health. “The primary loan market feels like a Scooby Doo ghost town — recently deserted and a bit haunted,” said Scott Macklin, director of leverage...