The leveraged finance market in Europe has changed dramatically since it emerged from the TMT 'bubble' of 2000/2001. Booming liquidity and increasing investor 'convergence' – where differing investor groups look to co-invest across a broad range of leveraged credit products – have created a more integrated marketplace offering borrowers a broader range of products in ever-increasing size.
Scroll back to 2001/2002 and the market was very different. A somewhat monolithic marke
The week on Risk.net, July 7-13, 2018Receive this by email