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Global investors are turning to European private credit
Record fundraising in 2025 has left private lenders fighting for deals
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Triple-A spreads have hit their floor after buoyant couple of months and the ‘direction of travel is wider’
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Luxembourg investment firm becomes Europe's most frequent issuer of 2023 year, alongside Palmer Square
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Deal was priced with relatively long non-call periods
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Junior debt buyers want to preserve flexibility while the market explores different solutions
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A more sophisticated approach to pricing can attract more buyers, even if certain managers have to pay more