Photographer: Kiyoshi Ota/Bloomberg

When Credit Suisse Balked, Nomura Pounced on Big Loan Deal

Updated on
  • Crackdown on risky loans said to deter Credit Suisse
  • Japanese bank recovering ground in leveraged loan business

When private equity firm Hellman & Friedman proposed a $3.4 billion refinancing for Kronos Inc., a workforce management company, you might think much of Wall Street would line up to handle the deal.

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