
Leveraged lenders seek common ground

Australia’s banks have proposed a standard set of rules on who can do what in the event of a default. They say it will stimulate the mezzanine market but junior lenders claim the measures are too restrictive
With some banks pulling back from the leveraged finance market in Australia and those that remain increasingly wary about whom they lend to, it is generally agreed that mezzanine providers are seeing more...
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