Reuters: Company News
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Market-based pricing disappearing on blue-chip US loans http://feeds.reuters.com/~r/reuters/companyNews/~3/bJhLwaSRN7M/market-based-pricing-disappearing-on-blue-chip-us-loans-idUSL2N24J0QM Jul 18th 2019, 16:17
NEW YORK, July 18 (LPC) – Market-based pricing is disappearing in US investment grade lending as Credit Default Swaps (CDS) become a less relevant measurement of risk, and lenders feel less need to buy protection against the loans as top companies continue to perform in a stable economy.
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