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Ten years on: The surprising resilience of European leveraged finance
Insight

The market pauses for breath in 2018

• In Europe, leveraged loan issuance is down 28 per cent year-on-year to €202.5 billion in 2018, but is up on all years between 2014 and 2016 • High yield bond issuance is down 37 per cent year-on-year • Leveraged loans retain primacy over high yield bonds