LBO market ready for September
The leveraged loan market is heating up as bankers prepare for the upcoming syndication flurry from the likes of Picard Surgelés, RBS WorldPay and Autobar, all expected this month. Meanwhile, Europcar, supporting the growing trend for a two-pronged approach to refinancing, came back to market this week with a Eu1.3bn senior asset-backed revolver after issuing a Eu250m senior secured bond in June. Read EuroWeek on Friday to find out more about upcoming deals.
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