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Yhn BusinessFinance first seen 1 d ago, last 19 min ago, peak #1

$300 Billion Debt Wall Looms Over Private-Equity Backed Companies

Original: A $300B 'Debt Wall' Is Looming over Private-Equity Backed Companies

The Wall Street Journal reports that roughly $300 billion in debt owed by private-equity owned companies is coming due in the near term, creating a looming refinancing challenge. The borrowing was largely taken on when interest rates were low, and companies now face significantly higher costs to roll it over, raising concerns about defaults and strain across the private-equity industry.

Why now: Rising interest rates are making it expensive to refinance cheap debt taken on by buyout firms, so investors are watching for potential defaults.

private-equity firmsWall Street Journal

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