Wed 12/15/2021 07:17 AM
This year saw record-breaking issuance in the European primary market, fueled by investors betting on the re-opening of trade and by some deals, originally expected to be issued in 2020, being pushed back to 2021 because of market volatility as the Covid-19 pandemic began. In 2022, the volume of issuance will unlikely match this year but is still expected to be high, with the loan market continuing to be driven by LBOs and robust CLO issuance. Refinancings are likely to dominate in bonds,...
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