FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Bloomberg: Banks Reclaim $30 Billion of Debt Deals From Private Credit

Date: Oct 04, 2024 @ 08:18 AM
Filed Under: Banking News

Bloomberg reports that banks are capitalizing on lower interest rates to claw back corporate debt deals from private credit funds.

According to the report, based on Bank of America Corp. research, almost $30 billion of private debt has been refinanced through broadly syndicated loans across more than 70 deals so far this year, as more borrowers look to slash interest costs.

Read the full Bloomberg report.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.