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Long seen as adversaries, banks and private credit lenders are getting used to working together
Fahy will also lead asset-based finance origination
Direct lending default rates tick higher amid notable distressed situations
A Swiss borrower has already closed books and Austria's Egger will soon
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A rise in corporates looking to print debut deals comes as lending conditions tighten across Europe -
Pricing tension rising at the edges of the market as money lured into public debt
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UK issuer is latest to use the market to diversify its funding lines
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Borrower signs 12 year deal as European high yield spreads tipped to soar
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UK pub company was one of many to agree coronavirus pandemic waiver on debt testing
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