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US junk bond buyers take big risk as private deals become the norm

Thu, Jul 30, 2015 - 5:50 AM

New York

THE riskiest corporate borrowers are selling more debt than ever in the darkest corner of the bond market.

For the first time, a majority of US speculative-grade debt issued this year was done through private offerings, accounting for a record 60 per cent of all sales in...

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