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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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Panellists at IMN CLO conference struggle to find positives -
The €210m and €80m loans do not herald a wider array of new money transactions
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Slightly more activity is expected in levfin, but no new money deals are on the horizon
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Deals go ahead though market participants 'nervous'
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Diot-Siaci and Albéa go ahead with €200m and €655m deals
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