Disclosure of senior loans will be the next battle in
Europes revived high yield market.
Panelists at Wednesdays European Leveraged Finance
Conference disagreed over bondholders right to know
borrowers senior loan obligations, and none expect the
issue to be resolved anytime soon.
Investors want the USs Securities and Exchange
Commission (SEC) regime which requires issuers to file loan
documents, arguing transparency is needed to sustain the high
yield markets growth.
You cant have a...