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.
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.
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