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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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Abu Dhabi asset manager boosts financing at 'competitive terms' -
The manager priced its second CLO just a few basis points wider than established issuers
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Managers expect drop in appetite for new issuance but spreads likely to drift wider rather than balloon
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German beauty retailer’s IPO triggers overhaul of debt structure, ratings may go
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Rising loan prices have boosted equity returns on 2022 deals despite wide spreads
