Deals
Europe’s Loan Market Starts to Recover After Brexit
U.K. vote shock in leveraged loan market short-lived.
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The supply of new leveraged loans in Europe has restarted amid a tentative recovery in secondary prices following the shock Brexit vote.
Primary market newsflow picked up from Wednesday last week, as spreads in the credit markets tightened, with banks mandated to back the proposed buyout of the France-based property firm Foncia and Carlyle Group wrapping up its 570 million euro ($635 million) buyout of Portuguese packaging firm Logoplaste.