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The European leveraged finance primary and secondary markets had a moderate October. Loan issuance was €2.3 billion in October 2013, while high yield issuance was €5.3 billion for the month. Estimated inflows into European HY funds for October are estimated to be gigantic €1.32 billion, bringing the estimated year to date number to €4.87 billion. A slew of CLOs are expected to price before the end of the year.
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