Levloan deal charge grows amid underwriters’ concern
Two levfin issuers, Sebia and Refresco, this week added €3bn to an already large pipeline of euro and dollar-denominated leveraged loans being touted around a bustling European market. But some bankers are fretting that underwriters face little room for mistakes if pricing widens.
Several bankers with two or more deals in the market were confident that leveraged loan investors have large enough pockets for the volume of issuance underway.
“The investors I have talked to have no concerns,” said one. “There’s enough liquidity in the market for all these deals.”
A second leveraged
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