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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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CLO market is open but fighting would see supply dry up
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Changes meant to deliver investment banking products to SMEs
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Delayed execution could be an advantage for levloan borrowers as markets turn rough
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Margin increased and issue price discounted
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Cerba Healthcare and Modulaire priced deals within guidance this week