Go West? The US leveraged loan market as a European role-model

Capacity in the European leveraged loan market still pales in comparison with the institutional demand seen in the US. Pricing, terms and volumes are all far more attractive for borrowers in the US markets than in Europe. But this is slowly changing. Institutional demand is growing in Europe, energising the leveraged loan market and enticing European borrowers back to their domestic market. Nina Flitman reports.