Aug
31
Retail Leveraged Loan Default Rate Hits Record 18.9% in August
Posted in: UncategorizedThe leveraged loan default rate for retail continues to soar, reaching 18.9% in August from 17.5% at the end of July following the bankruptcy of apparel retailer Tailored Brands, the parent of Men’s Wearhouse and Jos. A. Bank, according to credit rating agency Fitch. The figure continues to hit new historic highs not even seen…
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