Craston Sees Better Value For Europe

Iyer, Savita
August 2007
Bank Loan Report;8/13/2007, Vol. 22 Issue 32, p1
Trade Publication
An interview with Matthew Craston, co-head of leveraged loans at London-based investment management firm European Credit Management, is presented. When asked what caused the downturn of the European leveraged loan market, he responds that the problems in the U.S. subprime market caused the downturn. He says that banks have to syndicate deals that were underwritten before the selloff due to the downturn of the market. He also believes that the downturn can do some good for banks.


Related Articles

  • Despite Glitches, US Leveraged Loans Had A Strong Second Quarter.  // Bank Loan Report;7/11/2005, Vol. 20 Issue 27, p1 

    Reports on the increase in leveraged loan volume issuance for the first half of 2005 in the U.S. Improvement of the financial performance of the overall U.S. syndicated market; Impact of the weakness in high yield market on leveraged loan issuance; Total number of leveraged transactions.

  • Top Bank Analysts Foresee Tepid Syndication Market. Hintze, John // Bank Loan Report;8/18/2003, Vol. 18 Issue 33, p1 

    Reports on the condition of the loan market for the first half of 2003. Observance of three factors that point to increase in business in the loan syndication market; Impact of structural changes in the syndicated loan market on corporate loan volumes; Concern of lenders about leveraged loans;...

  • TERM SHEETS.  // Bank Loan Report;8/18/2003, Vol. 18 Issue 33, p4 

    Presents corporate term sheets. Business name; Location; Loan Package amount and amount; Administrative and syndication agents; Bookrunner; Other lenders; Purpose; Pricing; Fees; Date active; Maturity date; Nature of business.

  • Loan Market: Active but Still Cautious.  // High Yield Report;9/9/2002, Vol. 13 Issue 35, p1 

    Reports on the conditions of the loan syndication market of the United States, as of September 9, 2002.

  • Bank loan syndication stayed strong in quarter. Dunaief, Daniel // American Banker;4/17/1995, Vol. 160 Issue 72, p1 

    Reports on developments in bank loan syndication for the first quarter of 1995. Increase in sizable refinancings and acquisition loans; Factors attributable for benefits of loan syndication; Decline in lending volume and acquisition finance; Top syndicators.

  • Troubled banks distress region. Kass, Arielle // Crain's Cleveland Business;11/2/2009, Vol. 30 Issue 41, p1 

    The article focuses on the scrutiny of banks in Northeast Ohio and their future prospects. Several banks have caught the attention of regulators for bad loans, low capital levels or management blunders. According to analysts, banks with issues likely will not mean failure of all the banks or any...

  • Is saying 'No' a lost art? Fishbaugh, C.W. // Banking;Oct75, Vol. 67 Issue 10, p178 

    Comments on the need for U.S. banks to reject some bank loan requests. Implication of loan rejections for bank customers; Role of the approval of some bank loans in the rate of bankruptcies; Cause of business failures.

  • Loanbase Statistics -- Syndicated US Loans.  // Bank Loan Report;7/11/2005, Vol. 20 Issue 27, p4 

    Presents a chart depicting the loan base statistics of syndicated U.S. loans.

  • Ineos drafts in FD to explain waiver. Mattinson, Alec // PRWeek (London);11/28/2008, p10 

    The article reports that Ineos, the third biggest chemical company in the world, hired FD to explain the covenant waiver process. Affected by declining petrochemical prices, Ineos is looking to renegotiate more than £4 billion of bank loans. Ineos, with the help of FD, wants a banking...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics