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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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Latest update includes guidance for autos, building materials and services
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Kyle Abel joins the firm, Robert Molina promoted to head of origination
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Anacap and Prax cancel sales of proposed bonds
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Three CLO deals were priced this week even as conditions grow tougher
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HSBC Private Wealth, Julius Bär, Lombard Odier and Pictet Group look to move into the asset class
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The US CLO market has found its 'clearing level' as it adjusts to using Sofr as a benchmark instead of Libor and issuance will pick up as a result, albeit with some players troubled by macroeconomic uncertainty