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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
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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Christian Grane moves on to take up another role
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Rothschild, Partners marketing as drought slowly breaks
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Miguel Ramos Fuentenebro, partner at Fair Oaks, on the first European edition of an asset class that has flourished in the US
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Market has mostly been a ghost town even as pipelines in other asset classes fill up
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Investors have done better at standing their ground so far this year but managers want looser terms
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Triple-As in the European primary market are back up to 130bp after early-August shake-up