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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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More than a dozen CLOs priced at peak debt costs will become eligible for refinancing -
Covered bonds look safe, as investors’ focus turns to capital
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The Canadian bank is beefing up in Europe at a pivotal point in the execution of its strategy
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Skeleton staff remains in DCM and bond syndicate
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Rating agency sees most defaults in Germany and France but one CLO manager argues forecast is 'negative'
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Car maker’s stock has rallied 122% over the past year as it battles to return to profitability
