Banks Push Ahead to Offload Risky LBO Debt Ahead of Fed Meeting
(Bloomberg) — A group of banks led by Barclays (LON:) Plc and Bank of America Corp (NYSE:). are moving forward with risky leveraged buyout financings despite the volatility gripping the market ahead of the Federal Reserve’s rate decision Wednesday. An $1.87 billion high-yield bond was launched Monday, led by Barclays Plc, to help finance Brightspeed’s …
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