Lenders Hope For M&A’s Return As Refis Slow

  • Recaps hit record $47B in 2012
  • Outlook is flat volume
  • 2015 maturity wall not huge
Investors are pinning their hopes on rising M&A and LBO volume to offset an expected slowdown in refinancing activity in the U.S. leveraged loan market in 2013, as top banks issue mixed forecasts for volume, sister service Thomson Reuters Loan ...

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