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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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While sources suggest Nochu is beginning to accept uptier priming in deals under preparation, language is evolving -
Deals in progress will get done, but market participants doubt new ones will launch
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Poll opens online, to run until November 17
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US loan trading system Octaura adds new protocols
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Investors are not impressed by performance of its older CLOs
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◆ BPCE deal shocks bankers but might save the market ◆ Elfa aims to improve CLO carbon reporting
