Loans for GTT’s Interoute buyout out in ‘restless’ levfin

Arndt Vladimir/eevl - Fotolia

Virginia-based GTT Communications launched a €1.7bn-equivalent package of leveraged loans this week, the first leg of funding for the acquisition of UK peer Interoute. The credits are well known, bankers said, but European investors have become more circumspect after overcoming a recent bout of volatility.