Europe’s leveraged loan market is finally up and running again. More paper launched last week than in any week since early November at 3.5 billion euros ($4.0 billion), according to date compiled by Bloomberg. Nearly all of it supports M&A activity, and more is set to come.
The buyout of U.K. catering business WSH Investments Ltd. reached formal syndication Monday and the debt backing CVC Advisers Ltd.’s take-private of tool hire business Ahlsell AB should also launch soon, according to people familiar with the matter who declined to be identified.
