Levfin investors win ‘game of chicken’ on Amer Sports loan

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Levfin investors win ‘game of chicken’ on Amer Sports loan

Owen Sanderson
February 28, 2019 05:30 PM
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Serena Williams of the United States plays against her sister Venus Williams of the United States during the Women's Singles Round Three on Arthur Ashe Stadium on Day 5 of the 2018 US Open Tennis Tournament at the USTA Billie Jean King National Tennis Center in the New York borough of Queens, on August 31, 2018. (Photo by Anthony Behar/Sipa USA) | Anthony Behar/SIPA USA/PA Images

Loan investors succeeded in the ‘game of chicken’ in setting deal terms on the first two major new money acquisition loans in the European market this year, winning a package of concessions that could help achieve a better balance between borrowers and lenders in a market that has seen documentation deteriorate.

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Deutsche BankSyndicated LoansJP MorganLoans and High YieldLevFinLeveraged LoansLevFin Leveraged Loans
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