Wednesday, June 27, 2007

Private Equity Cooling?

Subprime woes send shivers through junk bond market - Jun. 26, 2007: "The difference between yields on riskier junk bonds and safer government bonds has been widening, and analysts said that while there's no credit crunch yet, the tide is starting to turn in the market for lower-quality debt. That will make it more expensive for companies to raise money - especially those with weak finances - and more difficult for buyout deals to get done."


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