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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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Investors' demand for new money deals could push the trend -
South African bank paid slightly wider margin than last year
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Banks should stop blaming issuers and start providing opportunities
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Montagu-owned company has suffered supply chain problems
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Garrett brings recap loan, VTU closes financing for its LBO
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Investors look for good names as spreads stabilise
