Linklaters sees bright future for high yield
Some $550bn of leveraged buy-out loans coming due between 2012 and 2016 could help develop a more mature European high yield market and should pose an opportunity for private equity and alternative capital providers, according to lawfirm Linklaters. In its report Negotiating Europe’s LBO debt mountain, the law firm further noted that debt restructurings were likely to become more common.
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