06-11-2015 19:30 via uk.news.yahoo.com

TRLPC: Banks’ technology exposure mounting amid heavy U.S. M&A

By Jonathan Schwarzberg and Lynn Adler NEW YORK (Reuters) - U.S. investors’ exposure limits for the technology sector are being tested after three loans totaling U.S.$13.8bn hit the market in recent weeks, with another massive deal looming to finance computer titan Dell’s US$67bn acquisition of EMC Corp. The transactions include a US$7.5bn loan for chipmaker Avago Technologies and a US$3.6bn deal backing the buyout of data storage provider Veritas which are in the market, while a US$
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