Leveraged-loan market thaws, providing relief to companies

02/4/2010 | Financial Times (tiered subscription model)

Investors bought $8.8 billion in new leveraged loans last month, compared with $38 billion worth sold last year, according to Standard & Poor's LCD. "The loan market is going to be a central theme of 2010 because it was still largely shut in 2009," said Tim Donahue, JPMorgan Chase's head of leveraged capital markets. "People are starting to look at it again as a source of financing for a variety of things."

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