(Reuters) - "The balance of power in the U.S. leveraged loan market
continued to shift from creditor to borrower as protective
covenant packages declined further during the first five months
of 2007," Fitch said.
Leveraged loans, those from borrowers rated below
investment-grade, totaled $217 billion in the first quarter, up
65 percent from a year earlier, Fitch said.
Read more at Reuters.com Bonds News
continued to shift from creditor to borrower as protective
covenant packages declined further during the first five months
of 2007," Fitch said.
Leveraged loans, those from borrowers rated below
investment-grade, totaled $217 billion in the first quarter, up
65 percent from a year earlier, Fitch said.
Read more at Reuters.com Bonds News
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