Private Equity s Favorite Debt Market Scores a Win With SEC s Silence bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Wall Street’s private equity firms won a reprieve from a regulatory threat that could have upended a debt market they rely on to bankroll billion-dollar buyouts. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Sinks as Musk Warns of More Blows to ProfitabilityMusk Says Tesla to Spend Over $1 Billion on Dojo
Although the inflation rate may be slowing, the American economy still faces headwinds with record-high prices for many essential goods and the prospect of a recession.
On March 31, 2023, the Department of the Treasury ("Treasury") and the Internal Revenue Service (the "IRS") released a notice of proposed rulemaking on Section 30D of the Code.