Daily News: October 24, 2018

WSJ: Risky Leveraged Loans Making a Comeback


The Wall Street Journal reported that with relaxed government regulations, risky loans are making a comeback and few seem worried about it.

According to the Journal, nearly 13% of LBOs in the first nine months of 2018 were financed with debt equating to at least seven times the target company’s earnings before interest, taxes, depreciation and amortization, or EBITDA.