Value in secondary slows primary LBO syndications
Syndication of LBO loans such as Com Hem and Jack Wolfskin may be hit by falling prices in the secondary market as investors believe they can find greater relative value in the aftermarket. Traders are reporting very small trading volumes, but most investors are focused almost solely on the secondary market.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts