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.
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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