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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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Jumbo new money deals are still not close, but amends and extends are raising confidence
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Hearing aid maker uses ESG linkage, nappy producer offers covenants
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Julia Frank joins as managing director
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CH Guenther & Sons is refinancing at higher margin
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Larger deals are more tradable, a source of confidence in uncertain market
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Ian Dorrington to join in New York after 12 years at Deutsche