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COPYRIGHT 2005 SourceMedia, Inc.
No market cycle, be it good or bad, can last forever. That's why European loan market players are well aware that the strong activity seen in their space this year could very well abate come 2006.
But for now, bankers and investors are taking advantage of continued positive conditions in the European syndicated loan market this year, both in terms of the sheer number and size of loan financings, as well as the impressive growth in the number of institutional investors. Liquidity remains high, as prime rate funds, collateralized loan obligations and hedge funds continue to...
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