
Fee-Starved Banks Are Getting $38 Billion of Junk Buyout Deals
(Bloomberg) — A spate of big-ticket debt sales show the leveraged buyout market is tentatively kicking back into gear, offering some relief to investment bankers after a moribund period for dealmaking. Wall Street lenders are working on at least $38 billion worth of bonds and loans for buyouts in dollars and euros, according to analysis…