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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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Marlin's Heimdal will invest financing in further growth
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Direct lender will use iCapital’s technology and distribution networks
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Russia sanctions could have further implications for leveraged issuers
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IG paves way for hybrid issuers who could in turn encourage HY
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Due diligence is under way, with an announcement expected
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Janne Holkko has been with the bank since 2011