Banks Postpone Loans as Tariffs Stoke Fears of ‘Hung’ Debt

Wall Street lenders are postponing leveraged-finance deals as investors shy away from risky transactions while global markets convulse in the wake of US President Donald Trump’s sweeping tariffs.

In the past several days, banks have pushed at least two leveraged-loan sales to the sidelines, according to people with knowledge of the transactions who asked not to be identified as they’re not authorized to speak publicly.

They involve funding for HIG Capital LLC’s planned purchase of Canadian firm Converge Technology Solutions Corp. and a dividend to ITG Communications LLC owner Oaktree Capital Management. Lender commitments for both deals were due ...