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Analysis: non-bank lenders have issued asset-backed bonds to assist finance about $2B of loans to fast-growing however unprofitable software program corporations since November (Matt Wirz/Wall Avenue Journal)

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Matt Wirz / Wall Avenue Journal:

Analysis: non-bank lenders have issued asset-backed bonds to assist finance about $2B of loans to fast-growing however unprofitable software program corporations since November  —  Buyers funnel cash to unprofitable software program corporations via new sort of debt deal  —  No earnings?  No downside.





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