% of new corporate loans extended to companies with debt/EBITDA >6x now at record-high… Capital misallocation everywhere December 27, 2021 2:22 pm
Fed chart: Distribution of large institutional leveraged loan volumes by debt to EBITDA ratio. May 7, 2021 10:35 pm
Companies take out so much excess debt that the median net debt to EBITDA is at a record high. April 20, 2018 7:28 am
