EuroWeek Poll: European market is ready for cov-lite

23 Apr 2013

The leveraged loan market is ready for purely European covenant-lite deals, according to a poll carried out by EuroWeek.

With the success of European cov-lite deals for DuPont, Alcatel Lucent and Doncasters (all of which were completed alongside a dollar tranche), some 64% of market participants voting in a poll at www.euroweek.com/loans said that they though a purely European covenant-lite deal would be marketed “imminently”.

But ...

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