Some of the most controversial financing practices of the credit-bubble years – from “cov lite” loans to “Pik toggle” notes and “dividend recap” exercises – have returned to Wall Street, stoking fears that debt markets are growing overheated.
信貸泡沫時期某些最受爭議的融資做法已在華爾街重新出現,比如「低門檻」貸款(cov lite loans)、「實物支付」票據(Pik toggle notes)以及「股息資本重組」等,這使得人們擔心債物市場正在變得過熱。
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