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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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Fair Oaks first listed the product in Germany -
Both managers had to widen guidance in certain parts of the capital stack
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The secondary market has tightened more and is riskier than it looks
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Danish manager pushes prices tighter on euro CLO even as supply picks up
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Convenience retailer's IPO revives CVC's attempt two years ago that never reached ITF
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The manager’s short deal was pricier for the issuer than the 2018 new issue
