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Big Nordic banks face major losses on loans to PE-owned companies

According to the business news service, Insidebusiness, a study shows that several banks could suffer large-scale losses on their lending to private equity-owned companies. The firms in question have liabilities of up to DKK 10 billion.

Danske Bank, among others, could suffer losses on Top-Toy. | Photo: Ritzau Scanpix/Mads Claus Rasmussen

Several of Denmark's largest financial institutions could find themselves wounded by major losses on their lending to a number of private equity-owned (PE-owned) companies, writes Insidebusiness.

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