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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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The German lender requires a Moody's rating to buy European CLO debt, sources say -
Tighter mezz spreads show CLO summer has ended on ‘positive note’
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CLO managers risk ire of triple-A investors by using so-called Snooze Drag
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Rally has not gone as far as some expected and busy September will not help
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The odds for a BoE rate increase are rising, but bad news from China worries managers more
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Terms in European loan and CLO docs make it easier for borrowers to push out maturities
