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Law-Now 05 Dec 2012 · United Kingdom

Hollow tranches – an alternative approach for borrowers looking to refinance

1 min read
In the wake of the “crunch”, it is no secret that bank liquidity, in tandem with market confidence, has drained away. Leveraged loan finance in particular has been hard hit as many of the banks that were active in the London market have either refocused on...

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