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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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Several sponsor-backed M&A deals have been launched
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Dealflow cannot be propped up by commodity traders forever, bankers say
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Business demonstrates return to profitability following its debt reorganisation
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Opportunities to buy platforms few and far between
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Ex-BlackRock staffer the latest to quit credit specialist