Busted Mergers Spell Trouble for U.S. Corporate Bond Investors

Updated on
  • More mergers have failed this year than in all of 2015
  • When a deal falls apart, issuers call bonds at bargain prices

Bond investors who have lent blue-chip companies $181 billion this year to fund acquisitions just got a tough reminder that mergers can fail.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.