Private Equity-Owned Companies Sell New Bonds in Credit Rally

Emboldened by the global rally in the credit market, companies owned by private equity firms are looking to get in on the action.

Surgery Partners Inc., which is majority owned by Bain Capital, is bringing just the fourth U.S. leveraged loan in the past month, while Verisure Holding AB, a Swedish security systems maker owned by Hellman & Friedman, reopened Europe’s high-yield market Thursday with the first deal in nearly two months.

The U.S. market was quicker to thaw, but European investors are now showing readiness to take bigger risk as the coronavirus may be peaking in hard-hit countries like ...