A lack of debt cushion has proven to hinder recoveries on leveraged loans, in cases of default. This could be a particular problem for European investors.
In Europe, Shrinking Debt Cushion Could Hit Leveraged Loan Investors Harder
Forbes - 8 Apr 2019 21:06
A lack of debt cushion has proven to hinder recoveries on leveraged loans, in cases of default. This could be a particular problem for European investors.
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