(Bloomberg) -- Lend Lease Corp., Australia's biggest
property developer, may be the target of a leveraged buyout,
according to traders betting on the creditworthiness of companies.
Speculation that private equity firms are poised to bid has
increased the risk of holding Lend Lease debt to the highest
since August 2005. Credit-default swaps are financial instruments
based on corporate bonds and loans used to speculate on a
company's ability to repay debt.
Read more at Bloomberg Bonds News
property developer, may be the target of a leveraged buyout,
according to traders betting on the creditworthiness of companies.
Speculation that private equity firms are poised to bid has
increased the risk of holding Lend Lease debt to the highest
since August 2005. Credit-default swaps are financial instruments
based on corporate bonds and loans used to speculate on a
company's ability to repay debt.
Read more at Bloomberg Bonds News
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