Carlyle Group and KKR get ready to buy bargain leveraged loans
FROM THE WIRE · BUSINESS-STANDARD.COM
Money managers are looking to capitalise on a selloff in the $1.5 trillion US leveraged-loan market, with more than 85% of loans trading below face value
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA selloff in the US leveraged-loan market creates buying opportunities for private capital managers.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Money managers aim to capitalise on a selloff in the US leveraged-loan market.
- 02The market is worth $1.5 trillion.
- 03More than 85% of loans trade below face value.