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LMA launches template for soaring leveraged loan market

The Loan Market Association (LMA) has launched a new leveraged loan template for the syndicated market underscoring the explosive growth in European leveraged buyouts over the past five years.

It addresses the need for uniformity in a lending arena that information provider Loanware says has mushroomed from €18bn of transactions in 1999 to €51bn in 2003, as well as virtually doubling in volume to 140.

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