(Bloomberg) -- U.S. high-yield debt investors, after
snapping up a record $600 billion in new loans and bonds this
year, are starting to push back.
Thomson Learning, the textbook and educational testing unit
of Thomson Corp., this week cut its bond offering to $1.6 billion
from $2.14 billion, removed the riskiest portion of the deal and
agreed to pay more interest on its planned loan, according to KDP
Investment Advisors Inc. US Foodservice, a unit of Dutch
supermarket company Royal Ahold NV, also raised the interest on
its planned loan to attract lenders, Standard & Poor's LCD said.
Read more at Bloomberg Bonds News
snapping up a record $600 billion in new loans and bonds this
year, are starting to push back.
Thomson Learning, the textbook and educational testing unit
of Thomson Corp., this week cut its bond offering to $1.6 billion
from $2.14 billion, removed the riskiest portion of the deal and
agreed to pay more interest on its planned loan, according to KDP
Investment Advisors Inc. US Foodservice, a unit of Dutch
supermarket company Royal Ahold NV, also raised the interest on
its planned loan to attract lenders, Standard & Poor's LCD said.
Read more at Bloomberg Bonds News
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