Stock market wobbles make banks struggle with Alliance Boots debt

摘要

The wave of risk aversion hitting the markets is now threatening KKR's banks' plans to sell the debt they took to finance the pound 9bn Alliance-Boots deal.Analysts for the moment are holding back from declaring the market wobbles a fullblown crisis. But a credit crunch - witness the Bank of England's recent hints of more rate rises to come - has been predicted for a while.