The scale of the problem will become clearer when banks release second-quarter earnings.
Last year, companies backed by private equity firms took on debt equal to an average of six times earnings.
Critics say companies are presenting overly polished images of their ESG commitments and results.
A bitcoin rout occurred just as UPenn was set to announce its largest ever donation in a cryptocurrency.
Many bond offerings have almost sold out before they’re even officially put up for sale.
Many economic policies during the pandemic, especially the Fed's, have helped the wealthy become even more so.
Companies are racing to raise easy money while they can.
The divide over access to corporate credit—who can get it, and who can’t—is likely to deepen.
Private equity partners do not seem enticed by the low rate environment.
As market conditions improve, lenders are building better protections into LBOs they sign up for.