US levloan market weighs down heavy on Europe, with Deoleo caught by a fund shift

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US levloan market weighs down heavy on Europe, with Deoleo caught by a fund shift

Euro Dollar

Spanish olive oil producer Deoleo scrapped the entire dollar tranche of its €600m loan last week but as the dust settles on the deal it has emerged that US, rather than European investors, played the pivotal role in this swing.

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