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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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The French bank has promoted from within to replace Bedaine-Renault -
The transaction indicates investors are becoming more comfortable lending to the sector
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The German media company has launched a €300m-plus Schuldschein
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German car rental business launches rare SSD from Covid-hit industry
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Sterling USPP is latest piece of comprehensive financial overhaul announced in June
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The fervour for ESG assets is spurring a renewed push by private credit to lend to small businesses
