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09.07.2015 21:56:00
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Moody's: European banks' asset sales to boost private debt funds; won't relieve credit constraints
London, 09 July 2015 -- European private debt funds will benefit from banks' sales of non-core assets including non-performing loans this year. However, the level of sales to date suggests non-bank lenders won't be able to offset constraints in credit provision by banks, Moody's Investors Service said in two reports today.
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