Questions about the market abound, even as megadeals proliferate.

With $2.1 trillion of transactions in the first half, 2018 is on track to beat 2007's $4.1 trillion total.

Some debt offerings find ways to double earnings projections.

Some debt offerings find ways to double earnings projections.

Foiled deal shows that the retail industry is toxic to creditors.

Foiled deal shows that the retail industry is toxic to creditors.

Three-quarters of new loans are now defined as "covenant-lite."

Three-quarters of new loans are now defined as "covenant-lite."