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Talking point - 2008 outlook

The credit world rapidly transitioned from feast to famine in 2007. Products considered staples in the pre-summer yield chase now look endangered. We ask market participants for their outlook for 2008

Christian Dinwoodie - Head of corporate ratings Europe, Standard & Poor's, London

While leveraged buyouts, M&A activity and the popularity of shareholder-friendly financial policies are expected to recede next year, the credit outlook for 2008 remains challenging for European corporates. Tighter credit markets and an economic slowdown mean company performance and refinancing risks are likely to be

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