Oversubscribed DuPont sets tone for tightening lev market

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Oversubscribed DuPont sets tone for tightening lev market

Lack of supply, competition from the strengthening high yield bond market and pressure on CLOs to dispose of the last of their funds before the end of their reinvestment periods can only mean one thing for the European leveraged loan market —prices are set to go way, way down.

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