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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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Rothschild, Partners marketing as drought slowly breaks -
Miguel Ramos Fuentenebro, partner at Fair Oaks, on the first European edition of an asset class that has flourished in the US
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Market has mostly been a ghost town even as pipelines in other asset classes fill up
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Investors have done better at standing their ground so far this year but managers want looser terms
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Triple-As in the European primary market are back up to 130bp after early-August shake-up
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Managers have had to crank up spreads to lure investors into euro deals since early August volatility
