RLPC-Fitch: bridge loans could tighten credit conditions

(Reuters) - "If additional large deals fail to clear the markets,
underwriters could be forced to bridge these deals until market
conditions improve, thus reducing the availability of credit
for new transactions," said the report, which was obtained by
Reuters Loan Pricing Corp.




It adds this could result in increased refinancing risk to
companies whose existing debt is maturing and could ultimately
lead to an increase in the default rate.


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