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February 2012, European Leveraged Loan Market

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After the holiday break, the market reopened in a disappointing manner for most arrangers. The primary markets failed to impress while the secondary markets recorded their first gain after a gap of a ...

After the holiday break, the market reopened in a disappointing manner for most arrangers. The primary markets failed to impress while the secondary markets recorded their first gain after a gap of a few months. Default rates ticked up higher and are expected to rise more this year.

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