LBOs Account For Nearly A Third Of Defaults Since Crisis

By Kaitlyn Kiernan ( May 29, 2014, 4:41 PM EDT) -- Cheap and easily available leverage before the financial crisis allowed private equity firms to undertake some of the biggest deals on record. But in recent years, some of the most highly levered deals are the source of much investor pain, according to a report from Fitch Ratings Inc. on Wednesday....

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