Debts at PE-owned firms swell to alarming level, says Moody's

The Danish financial watchdog is sounding a warning bell over banks' eagerness to lend money to private equity firms and pension funds in order to finance investments.
Photo: Arkiv/Ritzau Scanpix/Torben Christensen
Photo: Arkiv/Ritzau Scanpix/Torben Christensen

In November last year, the Danish financial supervisory authority (FSA) reprimanded Nykredit and Jyske Bank, because they took on risks that were too large when private equity firms and pension funds asked to borrow money to finance their acquisitions.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading