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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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MUFG subsidiary becomes the latest to enter the asset class by acquisition
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Spreads widen but levloan market is still running
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Linda Ågren rejoins SEB from Swedbank, alongside Ben McLelland and Thomas Hancock as part of the new team
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Market still functioning but bank run fears are not good for sentiment
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Oversubscribed deal comes after slowdown in fibre financings
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Deal guarantees existing commitments but questions abound about future strategy