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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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Debt investors would demand even higher equity buffers, but they don't have the leverage
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'When a key investor steps away, you can still syndicate the deal', Blackstone Credit's Alex Leonard tells GlobalCapital
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US success and a need for investors could encourage managers to tackle regulatory hurdles
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UK investment firm a 'solid manager' but markets more volatile, said investors
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JAAA fund has reached a size at which it can influence new issue documentation
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Equity release mortgage ABS could reappear in public market | Uptier priming in CLOs to lose its last opponent