ELLI unlocks European leveraged loan market

OPEN PLATFORM: LEVERAGED LOANS

Unlike its cousin across the Atlantic, Europe’s leveraged loan market is opaque – offering little to tempt short-term investors. Standard & Poor’s European Leveraged Loan Index could herald a change in investor behaviour. S&P’s Ruth Yang explains

Standard & Poor’s Leveraged Commentary & Data (LCD) has recently launched its European Leveraged Loan Index, known as ELLI. The index offers a performance benchmark for the European institutional leveraged market, and is a milestone in the growth of the

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