(Bloomberg) -- Indexes that allow investors to bet
on the health of the leveraged loan market, which has fueled the
private-equity boom, fell to the lowest since they started
trading as investor demand for the debt wanes.
The LCDX index tied to the loans of 100 companies with
high-yield, high-risk ratings dropped to a record low. The two-
month-old index fell 0.3 to 95 and earlier dropped as low as
94.85 as of 7:38 a.m. in New York, according to Goldman, Sachs &
Co. In Europe, the iTraxx LevX Index of contracts on loans to 35
companies dropped 1 to 96.85, the lowest since it began trading
in October, according to Deutsche Bank AG.
Read more at Bloomberg Bonds News
on the health of the leveraged loan market, which has fueled the
private-equity boom, fell to the lowest since they started
trading as investor demand for the debt wanes.
The LCDX index tied to the loans of 100 companies with
high-yield, high-risk ratings dropped to a record low. The two-
month-old index fell 0.3 to 95 and earlier dropped as low as
94.85 as of 7:38 a.m. in New York, according to Goldman, Sachs &
Co. In Europe, the iTraxx LevX Index of contracts on loans to 35
companies dropped 1 to 96.85, the lowest since it began trading
in October, according to Deutsche Bank AG.
Read more at Bloomberg Bonds News
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