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Agreement includes accordion facility
Lenders sense appetite for M&A among companies, PE firms and lenders
Embattled water utility was recently found accountable for breaches in wastewater operations and dividend payments
Predictions 2025 would be a 'good vintage' dashed, but better deals could still advance
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Two refis, two resets and one new issue squeezed through on the day before the conference
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Investors argue value is being squeezed as new and lower-tier managers price deals at tier one levels
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M&G prices at 146bp as several managers market deals at tighter spreads
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Abundant cash is keeping the market going strong through macro uncertainty and supply problems
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Placing majority equity with external buyers is still unusual in Europe
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Taking an unusual approach, the asset manager uses CLOs to finance BSL investments