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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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Pictet latest private bank to move into direct lending
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Diversification ranked high in LP priorities at conference
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Rising costs could lead to ratings downgrades
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More diverse and more ESG-linked offerings, managers say
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Original loan of €132.5m likely to be converted into equity
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