TITLE

Craston Sees Better Value For Europe

AUTHOR(S)
Iyer, Savita
PUB. DATE
August 2007
SOURCE
Bank Loan Report;8/13/2007, Vol. 22 Issue 32, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Interview
ABSTRACT
An interview with Matthew Craston, co-head of leveraged loans at London-based investment management firm European Credit Management, is presented. When asked what caused the downturn of the European leveraged loan market, he responds that the problems in the U.S. subprime market caused the downturn. He says that banks have to syndicate deals that were underwritten before the selloff due to the downturn of the market. He also believes that the downturn can do some good for banks.
ACCESSION #
26219688

 

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