There was something heart-warming about this week's news that US bankers are resuming their carefree habits from the days of the credit boom. In lending to private equity, it seems, they are once more issuing so called covenant-lite and payment-in-kind loans, whereby borrowers are freed from irksome conditions and can pay their annual interest by simply borrowing more.
本周有消息称,美国银行家正在恢复信贷繁荣时期养成的无忧无虑的习惯,这让人感到心头一暖。在向私人股本提供信贷方面,他们似乎已再次发行所谓的“低门槛”贷款和“实物支付”贷款——借款人由此可以避免烦人的条款,并可通过借入更多款项来支付每年的利息。
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