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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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Andrew Powderly joins in London from ICBC -
Merlin Entertainment, Hotelbeds and CCP Lux join amend-and-extend parade
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Group of funds fights ‘nationalisation by stealth’ after care home group defaults
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Each firm will keep own clients, units in 'multi-year' integration
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CH Guenther pays a narrower OID as euro market becomes more competitive against the dollar
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Increasing CLO issuance might not stimulate leveraged loans, as M&A activity is vital for both
