Fiber-optic network companies owned by private-equity firms are using asset-backed bonds to expand in areas where high-speed internet connections are spotty

Argentine bond prices rose Monday after the country’s government revised a restructuring proposal it made in April by offering to increase bondholder recoveries. The new deal garnered support from two hedge funds that played prominent roles in previous Argentine defaults and restructurings, but has yet to be endorsed by the three principal creditor groups that have been in talks with the government. Average...

“It’s because of the high stock prices today,” said Covenant Review’s CEO, Steve Miller. Private-equity buyers need to put up more cash to win the deals they want because “lenders are only willing to go so far,” he said. Private-equity funds buy companies with a combination of cash they raise from outside investors and money they get their acquisition targets to borrow by issuing so-called leverage loans and junk bonds. The more borrowed money, or leverage, goes into a deal, the higher the...