FT SeriesThe Debt MachineLeveraged companies could be caught out as the threat of recession loomsThe Debt Machine: the best of your commentsFT readers give their feedback on our series about lenders outside conventional bankingWarnings over leveraged loans are not mere fear-mongeringNew dangers emerging in the credit markets should not be dismissedDo leveraged loans pose a threat to the US economy?An economist and a credit investor argue for and against the increase in this type of corporate borrowingDebt-laden borrowers revel in Europe’s buyout boomRisky companies pile on more debt with fewer safeguards, despite regulatory scrutinyNon-bank lenders thrive in the shadowsExplosive growth of US private debt market brings parallels to ‘wild west’How online platforms shook small-business lending in AmericaNew names step up to fuel America’s engine as capital-strapped banks pull backMore from this SeriesCLOs: the specialist loan vehicles luring yield-hungry investorsDesigners of CLOs say that structures are much safer than crisis-era cousinsInvestors in debt-laden companies face messy workoutsByzantine debt structures will lead to lengthy, litigious and very costly bankruptciesGraphic: The new corporate debt marketHow do weaker borrowers get their hands on credit? What are leveraged loans?Debt machine: are risks piling up in leveraged loans?Regulators fear looser lending standards for low-rated companies could precipitate the next downturn