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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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Sven Baumann had been with Citi for seven years
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Move comes as RBC ups pressure on rivals in European levfin
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KKR circles Telecom Italia, Altice bites more of BT
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In the absence of supply and amid an improving credit backdrop, CLO spreads have tightened, auguring well for January dealflow
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Desmond English to manage Amundi’s European leveraged loan investments
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The headcount of the practice, established in 2017, has tripled in the past few months