Leveraged loans may benefit from investor hunt for yield

Loans left alone

The buyout of Burger King was financed with a $1.85bn term loan

The continuing trend of credit spread tightening in 2010 may have focused European investors’ attentions on the higher yields to be found in the sub-investment grade universe, but their gaze is still directed largely at high yield bonds, rather than leveraged loans.

While leveraged buyouts of high-profile firms like RBS WorldPay, a payment processing division of RBS, and French frozen food retailer Picard Surgelés received enthusiastic responses from investors, participants remain unconvinced

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...


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: