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Wall Street Revives Risky Loan Deals That Banks Couldn’t Sell

Wall Street Revives Risky Loan Deals That Banks Couldn’t Sell
Bloomberg Markets Wednesday 17 June 2026, 17:11 UTC By Jeannine Amodeo 1 min read
Key Points

Wall Street Revives Risky Loan Deals That Banks Couldn’t Sell Wall Street banks are looking to make the most of rising demand for risky debt with a raft of leveraged loan sales that they previously couldn’t sell. A group of lenders led by Bank of Montreal is marketing $775 million of loans for Pellera Technologies, an information technology company. Last year, as sweeping tariffs brought havoc to financial markets, lenders were forced to fund HIG Capital’s buyout of Toronto-based Converge...

Wall Street Revives Risky Loan Deals That Banks Couldn’t Sell Wall Street banks are looking to make the most of rising demand for risky debt with a raft of leveraged loan sales that they previously couldn’t sell. A group of lenders led by Bank of Montreal is marketing $775 million of loans for Pellera Technologies, an information technology company. Last year, as sweeping tariffs brought havoc to financial markets, lenders were forced to fund HIG Capital’s buyout of Toronto-based Converge Technology Solutions Corp., which merged with another firm to become Pellera.
Wall Street Revives Risky Loan Deals That Banks (ORG) Bank of Montreal (ORG) Pellera Technologies (ORG) HIG Capital’s (ORG) Toronto (LOCATION) Converge Technology Solutions Corp. (ORG) Pellera (PERSON)
Originally published by Bloomberg Markets Read original →

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