Frustration remains
Europe's leveraged loans put on biggest show in decade
Leveraged loan issuance in Europe grew to €80 billion in 2017 – a 52% increase on the previous year and a post-crisis record.
Leveraged loan issuance in Europe grew to €80 billion in 2017 – a 52% increase on the previous year and a post-crisis record.
Yet arranging banks were left feeling frustrated: the mix of business overall was not what they wanted, and the pace of borrowing did not match investors' appetite for lending.
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