ECB to bring in US-style leveraged loan cap

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ECB to bring in US-style leveraged loan cap

ECB 230x150 euro sculpture
Euro-Sculpture in front of ECB in Frankfurt am Main, Hesse, Germany Photo by: Daniel Kalker/picture-alliance/dpa/AP Images | Daniel Kalker/Daniel Kalker/picture-alliance/dpa/AP Images

The European Central Bank is to consult leveraged loan players on official market guidelines similar to those the US brought in three years ago. The set it is already drafting for publication later this year and launch in 2017 is likely to contain what an official termed “key features of US guidance”.

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