Bond Offering Tied to Prosper Marketplace Loans Gets Chilly Reception.

The article reports on the cold reception of investors to the bond offering based on a batch of personal loans from the Prosper Marketplace Inc. Topics include the rapid growth of startup online lenders and the challenges they faced, the negative attitude of investors toward the credit market such as corporate junk bonds, and the increase rates on new borrowers by the lenders as investors demand higher returns.