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Even leveraged deals still being underwritten, though banks are selective
Liquidity event at American manager comes at fraught time for industry
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
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Convenience retailer's IPO revives CVC's attempt two years ago that never reached ITF -
The manager’s short deal was pricier for the issuer than the 2018 new issue
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Morose investors doubt their ability to capitalise on crowded market
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Apollo affiliate lands the second tightest triple-B tranche of any European CLO this year
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Most bankers unconcerned by 25bp or 50bp cut, but some worried about signalling
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The newest CLO trustee is working on a middle market deal
