Leveraged loan prices at year high

The prices of the most traded risky European and US loans have reached their highest levels for more than a year.

The prices of the most traded risky European and US loans have reached their highest levels for more than a year.

Over the past week, European leveraged loan prices reached 89.11 per cent of face value, a high not seen since July 10th, 2008, according to Standard Poor’s LCD and Markit. – (Copyright Financial Times Limited 2009)