Closing primary window prompts leveraged credit rush

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Closing primary window prompts leveraged credit rush

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A few hundred demonstrators protest the Supreme Court nomination of Judge Amy Coney Barrett on Wall Street in New York City on October 17, 2020. (Photo by Gabriele Holtermann/Sipa USA) | Gabriele Holtermann-Gorden/SIPA USA/PA Images

Leveraged companies or sponsors seeking financing are moving quickly to fund in the immediate aftermath of the November 3 US election. Monday morning saw more than €3bn-equivalent of new supply across high yield bonds and loans announced, across six separate issuers.

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