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Global investors are turning to European private credit
Record fundraising in 2025 has left private lenders fighting for deals
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The €1.3bn-equivalent TLB is partly refinancing but TMF is acquisitive -
Acquisition activity likely to stay slow in first half of year
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Borrowers need to get used to the volatility and higher spreads in the market
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Progress seen in both markets but it remains gradual
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Portfolio managers overwhelmingly expect spreads to widen
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Financial Conduct Authority announces intentions to publish a synthetic dollar Libor rate for an additional 15 months
