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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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Five more managers set to launch resets during a busy summer -
Only new issue in a wave of refinancings showed the compression of manager tiering under strong demand
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Despite concerns over the elusive recovery of leveraged buyouts, demand for paper is expected to keep CLO issuance strong
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Moody's cuts rating after Portuguese telco uses debt to pay shareholder dividend
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Assets’ performance in European CLO portfolios has been healthy, rating agency says
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Two refis, two resets and one new issue squeezed through on the day before the conference
