Europe’s levloan lenders must compete harder with US
European leveraged loan investors have long been more conservative than their US counterparts, insisting on stricter terms and wider pricing. But with European borrowers crossing the Atlantic to issue loans, lenders in Europe need to grow more flexible or lose out to US rivals.
The past two weeks have jolted many participants in Europe's leveraged finance market. Deals such as Britax and WorldPay showed investors in Europe that some corporate issuers are all too happy to leave their home markets to achieve the best deals.
Britax, the UK car seat manufacturer, issued
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.