It’s a warzone out there
If there’s one thing that makes Loan Ranger grin, it’s the dramatic words loans officials use when talking about the syndicated loan market. Marginally successful deals have become “blowouts”. What used to be called a blowout is now “the deal of the year”.
But one syndicated loans lawyer at a magic circle firm has now grabbed the number one spot for the most impressively disproportionate turn of phrase. EM syndicated loans can be like a war, but a fun war.
When pressed for more information, he waved a hand dismissively, as
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