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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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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
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Latest update includes guidance for autos, building materials and services