Isabel Marant pokes private debt in the eye

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Isabel Marant pokes private debt in the eye

IsabelMarant_PA29Jan
Model Faretta walking on the runway during the Isabel Marant Ready to Wear Spring/Summer 2020 show part of Paris Fashion Week on September 26, 2019 in Paris, France. (Photo by Jonas Gustavsson/Sipa USA) | Jonas Gustavsson/SIPA USA/PA Images

For all the dry powder available in private debt markets, Isabel Marant’s high yield debut, priced on Wednesday and a trade squarely in the so-called sweet spot for private credit, showed that public markets still have the edge.

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