Wall Street Looking to Offload Billions of Dollars of Debt Backing Buyouts
War raging. Oil over $100. Inflation poised to accelerate. Leveraged finance bankers have been here before.
Just like in 2022, Wall Street is looking to offload billions of dollars of debt it underwrote when demand for credit was strong — before the outbreak of war threw markets into disarray and rekindled risks to the global economy. And just like four years ago, it’s derailing planned syndications.