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المشهد العربي
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المشهد العربي

2026-11-08T07:06:14.000Z

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Tech leads bad-loan surge

Tech leads bad-loan surge

Deeply distressed loans in the leveraged loan market rose to $65 billion, up from $40 billion a year earlier and the highest level since March 2020, according to a JPMorgan report. Distressed loans trading at 80 cents or less on the dollar totaled about $139.8 billion, an increase of nearly 90% over the year, with technology topping the list of hardest-hit sectors. The report counted 141 issuers, including software companies CDK Global, Click Technologies and Quest Software.

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