The article title says it all … lenders were poised to do more business in the second quarter of 2010, yet there was limited dealflow to support a robust or even steady pipeline caused at least in part by the high-yield bond market, which pulled back mid-quarter. In short, lenders were left to their own devices to find enough deals to keep them active.
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Despite Lender Hopes and Enhanced Liquidity, ABL New Money Remains Limited in 2010
September 1, 2010
Filed Under: 2010, Industry Related Tagged With: bond market, deals, market conditions