All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
SecuritizationCLOs-CDOs

Fitch warns again on leveraged loan refinancing wall

Fitch has warned once again that 2013 and 2014 will bring with them the European leveraged loan refinancing wall. The rating agency also warned that its effects may be compounded by a ‘funding cliff’, as €260bn of non-investment grade debt begins to mature from 2014, just as LTRO funding expires and refinancing options dry up.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree