Despite strong economy, 70 PE-backed companies run into trouble


S&P, Weakest Links, private equity, default, bankruptcy, Avaya
Weakest link photo courtesy of deliormanli/E+/Getty Images
Nearly six dozen companies have cause for concern as 2018 nears an end, and the honeymoon is over for Clayton, Dubilier & Rice and David’s Bridal. These are private equity-sponsored companies that received distressed ratings, defined as an issuer credit ...

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