Banks grow leery of company pension funds

News Analysis: Cases such as Trinity Mirror's are far from a one-off as banks have to look carefully at corporate borrowers' DB obligations

The news that Trinity Mirror, the newspaper group, is cutting payments into its pension funds in order to meet interest payments on bank loans is a sign of the prominent place pensions have in company finances.

Banks now routinely take them into account when lending, in a way that did not happen five years ago, according to company advisers.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It