Investors

BUYING INTO GERMAN DEBT

Private equity firms are making inroads into Germany's corporate debt markets

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Capital-starved German Mittelstand businesses do not have much to cheer about at present. But the launch in October of Deutsche Kredit Börse, a new debt exchange in Munich, looks like a welcome exception.

The new bourse, which will allow institutions to trade corporate loans made to small-to medium-sized German companies, is backed by Lehman Brothers.