Jun
10
Leveraged Loans Tumble as Buyers Feel Impact of Shrinking Yields
ByInvestors are getting tired of yields being squeezed on risky U.S. corporate loans this year.
Leveraged loans dropped to their lowest level in four months amid a pullback by buyers stung by borrowers such as Dollar Tree Inc. and Goodyear Tire & Rubber Co., who have taken advantage of a paucity of new deals by seeking to lower payments on existing debt. Barclays Plc last week cut its 2015 forecast for U.S. leveraged-loan issuance to as little as $250 billion as regulatory scrutiny slows the pace of buyout financings…
Leveraged Loans Tumble as Buyers Feel Impact of Shrinking Yields
