Bank of America, Barclays and other large banks that got stuck holding billions of dollars of leveraged loans in 2022 are sitting on the sidelines this year even as the buyout market revives.
The group has become more reluctant to lead the financing for riskier buyouts, worried that the loans could get stuck on their balance sheets, bankers and buyout executives told the Financial Times.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased