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US mezz funds talk to anguished LBO arrangers as Europeans hang back

06 Oct 2011

Arrangers of at least two of the five hung high yield bridge loans in Europe are talking to US mezzanine funds about reducing — or wiping out entirely — the debt they will have to refinance with public high yield bonds. According to market participants, at least three US funds are involved in the discussions.

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06 Oct 2011