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Rising thirst for European bank debt
21 May 2012
European loan portfolios are attracting interest from new investors such as pension funds, insurance firms and sovereign wealth funds
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PwC
European bank debt
Investors have rising appetite for European loan portfolios as banks plan their refinancing of the liquidity injections from the European Central Bank (ECB), according to a new survey by PricewaterhouseCoopers.
Investment banks, hedge funds and private equity groups have collected around €60bn to invest in non-core European loan assets and are undergoing further fundraising, said PwC. PwC...
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