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Suspended animation grips loan market, ‘fundamental shift’ in offing

New deal launches will continue to be on hold at least for this week and possibly longer while the loan market continues to digest the impact of last week’s turmoil. “The market is in suspended animation for now,” one leveraged loans banker in London said. “This week and the next it is unlikely there will be many deals launched, but hopefully by then there will be some sort of resolution.”

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