Efforts underway to automate the market for junk-rated loans as Moodys warns about time required to cash out.
By Kristen Haunss, Bloomberg|July 09, 2014 at 05:52 AM
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Efforts under way since 2007 to automate the $750 billion market for junk-rated corporate loans may soon pay dividends just as Moody’s Investors Service warns managers may not be able to refund investors trying to flee.
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