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Deal could include $950m of bonds
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
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Direct lenders take different approaches to implementing ESG-linked facilities -
Goldman's Schwartz comes in as head of distribution
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Franklin Templeton to pay $350m in cash up front
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France has historically been a larger sponsored-unitranche market
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No immediate impact on UK banks’ and insurers’ capital ratios, but tests signal later recalibration likely to follow
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