In the latest symptom of Europe's financial turmoil, the
region's riskier companies are bypassing banks and investors at home and
turning to the U.S. for loans.
European companies borrowed some €14.4 billion (about $18
billion at current rates) in the U.S. leveraged-loan market this year through
Friday, more than double the €6.7 billion for all of 2011, according to data
from S&P Capital IQ LCD. That is the highest amount since at least 2007,
the height of the last boom in leveraged lending, when full-year loan volume
was €12.2 billion, according to S&P….
http://online.wsj.com/article/SB10001424052702303395604577432564052536968.html?mod=WSJ_article_forsub
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