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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
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Spreads are tighter, but expensive loans still squeeze the arbitrage
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Retailer issued its second subprime transaction of 2023 amid unsecured debt exchange
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Issuers aim to price their deals near where Bain Capital's CLO landed this week
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Christian Aid dumping Barclays for fossil fuel finance highlights bank’s unclear progress
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The issuer was looking to get ahead of an expected wave of autumn issuance
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Digital infrastructure provider pays higher spread on second ABS of the year