Leveraged loan market climbs

News

European leveraged loan issuance – usually defined as a loan yielding more than Libor+125bp – is rallying after a poor 2002. The first three quarters of 2003 saw €39.7bn of issuance from 98 deals, nearly eclipsing 2002’s overall total of €40bn from 101 issues.

The growth coincides with an expansion of the market’s investor base. Once the preserve of banks, more and more institutional players are buying leveraged loans, or structured finance products that contain them. Of the €40 billion of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here