Deals

Barclays, Goldman Among Banks Sweating Over European M&A Debt

  • Financing worth around $9 billion awaits syndication
  • Disruption expected in high-yield bonds and leveraged loans
Photographer: Cyril Marcilhacy/Bloomberg
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Banks including Barclays Bank Plc and Goldman Sachs Group Inc. have almost $9 billion worth of high-risk loans and bonds weighing on their balance sheets and face a nervous wait for the credit markets to reopen before they can sell the debt.