Latest news with #junkdebt
Bloomberg
08-05-2025
- Business
- Bloomberg
Bankers Are Bouncing Back to Life as Hunger for Junk Debt Soars
Just weeks after coming to a halt because of Donald Trump's tariff bombshell, the junk-debt market is starting to crank back into gear again. From Italian sneaker brand Golden Goose to German chain Motel One, even some of the raciest types of corporate lending are suddenly back in vogue. A spate of high-yield bond deals kicked off the action at the end of April — and now loan issuers are joining the party.
Bloomberg
07-05-2025
- Business
- Bloomberg
Wall Street Banks Stuck With $6 Billion in Debt Ready to Lure Back Investors
As credit markets thaw and mergers pick back up, Wall Street bankers will get a chance to pitch to investors the nearly $6 billion in buyout-related debt they couldn't sell during April's trade turmoil. More than two dozen banks were stuck with acquisition financing left on their books after failing to find buyers before deals closed — known as 'hung' debt in industry vernacular. The handful of junk deals announced over the past week will be a key test of investor appetite.
