Europe: Primaries Shut, Secondary Deals

Iyer-Ahrestani, Savita
August 2011
High Yield Report;8/15/2011, p10
The article discusses the developments in the leveraged loan and high yield (HY) bond primary markets, and secondary markets in Europe. Chris Brils, co-head of global HY at F&C Investment Management and lead manager for the F&C European HY Fund and global HY funds, explains that although the European HY spreads are at a level with 50 percent chance of experiencing a double-dip recession, current prices can be an opportunity for some to buy.


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