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Proliferation of opaque credit often driven by private equity firms buying life insurance companies
Voting now open to decide the market’s leading deals and institutions
Jumbo take-private of games company is largest LBO in history, showing animal spirits have returned. But the outlook for M&A activity remains complicated
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Acquisitive company also prints bonds following Valinor purchase -
BNP Paribas places full capital stack, with broadly syndicated investment grade tranches
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There is no crock of equity gold at the end of the rainbow
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Junior triple-A tranches become more prevalent as arrangers struggle to find senior triple-A demand
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US and European markets only briefly paused, with Onex returning for rare increase of old deal
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