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Even leveraged deals still being underwritten, though banks are selective
Liquidity event at American manager comes at fraught time for industry
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
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Best deals, banks, investors, advisers, law firms and tech providers of 2025 -
2025's best deals, banks, investors, advisers and law firms
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Fund established through a credit secondary sale focuses on senior secured loans for European private equity and corporate-backed businesses
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Hit by an alleged ‘fraud’ at the bankrupt US car parts maker, Wall Street’s last pure play investment bank has its sights set on European leveraged finance as it expands its alliance with SMBC
