Borrowers Delay Debt Deals at Fastest Pace in a Year
- Five US issuers pulled bond and loan sales this week
- Moves follow fallout from Silicon Valley Bank, Credit Suisse
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Companies are delaying their bond and loan sales at the fastest pace in a year after a week of financial system turbulence left investors reluctant to buy debt.
On a quarterly basis, the number of US deals in limbo — spanning bonds, loans and asset-backed securities — has climbed to eight, according to data compiled by Bloomberg.