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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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Luxembourg investment firm becomes Europe's most frequent issuer of 2023 year, alongside Palmer Square -
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
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Asset manager plots first euro deal since hiring Jason Late to head CLO platform last December
