UK tops list of matured loans

Half a trillion dollars of European leveraged buy-out loans are due to mature between now and 2016, according to law firm Linklaters. The largest burden will fall on the UK with $172bn of loans that need refinancing, compared to $86bn in France and $83bn in Germany. The telecoms sector is set to take the biggest hit with $67bn, followed by retail with $47bn and healthcare with $40bn.