Investors warn on leveraged loan risks after First Brands collapse
Rapid growth of $2tn market has led to hastily done deals and hurried due diligence, say fund managers
Rapid growth of $2tn market has led to hastily done deals and hurried due diligence, say fund managers

Loans trade at distressed levels after ‘chaotic’ selling as investors brace for tricky restructuring

Car parts maker’s rapid downfall has raised concerns of widespread losses on Wall Street

Surge of investment has raised concerns about whether advisers adequately explain illiquidity risk

For some observers, the rapid rise of this asset class invites unsettling historical comparisons

Company considers bankruptcy as its finances worsen

A shift towards debt raises the potential fallout from the data centre spending spree