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Record fundraising in 2025 has left private lenders fighting for deals
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
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The European corporate bond market is again packed to bursting on Wednesday, with six new issues, among which Apple is likely to be one of the most sought after names. This week is building up to a huge total, as LVMH has already raised €4.5bn and Anheuser-Busch InBev £2.25bn.
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The European Union has issued its first ever Schuldschein, and may issue further such deals.
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LSE Group is pushing ahead with a plan to launch a debt venue to rival Ireland's and Luxembourg’s professional markets, which have built commanding positions with relaxed disclosure rules and easy listing requirements. But the UK government is dragging its feet on tax reforms that are crucial to the project.
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Tikehau Capital has appointed a new head of its London operations.
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Wilmar International, a Singaporean agricultural firm, sold its first bond in three years on Wednesday.
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Santander’s former head of Middle East corporates, Wafi Saleh, has joined Spanish business services firm PKF Attest as a partner of the debt capital market division.