Credit Brief: Stemming Citrix’s Bleeding; Greenwashing

Sept. 16, 2022, 12:30 PM UTC

Read the weekly Credit Brief here.

  • Wall Street bankers have received billions of dollars in demand on a big buyout package for Citrix Systems, allowing them to reduce the amount of the risky debt they have to hold on their own books
  • On paper, these bonds look like a perfect deal for green-minded investors. To T. Rowe Price’s Matt Lawton, however, they often look like little more than a ruse
  • As tech companies’ valuations drop and VCs write fewer checks, startups are taking on increasing amounts of debt.

The Credit Brief is published every Thursday at 4 p.m. ET. ...

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