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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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The bank's CEO, Jane Fraser, has completed a shake up of its executive team and is set to make widespread cuts -
Insurance company’s subsidiary could price first deal tighter than recent debutants
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G20’s Financial Stability Board is to weigh in on whether regulations are working
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Linos Lekkas and Patrick Frowein will also join the Europe leadership team
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Bulging CLO pipeline will soon become unsustainable without pick-up in leveraged loan supply
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Moody’s says higher rates have turned interest coverage, free cash flow into more relevant metrics as managers fret over downgrades
