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A slow destruction of misallocated investment is more likely than a sudden stop
LBO financing includes $5.75bn term loan to be priced early next week
Investors eye 2028, 2031, 2032 as big years for loan maturities
Even leveraged deals still being underwritten, though banks are selective
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Shares leap as immediate debt pressure eases and Topshop sells -
Bankers are already retracting predictions of a busy end to the year as potential hiccups fill the calendar
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KIMM platform likely to be serial issuer as manager returns to middle market after two year absence
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Antares and Orion start marketing at start of busy month
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Although visible pipeline for new issues is low, the seeds for its return are being planted
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Christian Grane moves on to take up another role
