(Bloomberg) -- JPMorgan Chase & Co. Chief Executive
Officer Jamie Dimon said demand for leveraged buyout debt is
drying up and banks may be left holding more loans that they
can't sell.
There is ``kind of a little freeze in the marketplace,''
Dimon said on a conference call with investors to discuss the New
York-based bank's second-quarter earnings. ``If you see this
continue you will see the Street taking on a lot of bridge loans
and more aggressive repricing of those things.''
Read more at Bloomberg Bonds News
Officer Jamie Dimon said demand for leveraged buyout debt is
drying up and banks may be left holding more loans that they
can't sell.
There is ``kind of a little freeze in the marketplace,''
Dimon said on a conference call with investors to discuss the New
York-based bank's second-quarter earnings. ``If you see this
continue you will see the Street taking on a lot of bridge loans
and more aggressive repricing of those things.''
Read more at Bloomberg Bonds News
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