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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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High yield sell-off is weakening confidence -
M&A in 'wait-and-see mode' until Italy and Spain deals are decided
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Private credit forced to restate case in a world of high interest rates
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Companies enter loan market to finance acquisitions, while most are still postponing to the second half
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Nine fundraising professionals leave amid restructuring of offering
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Dollar term loan Bs from big names are tightening, but prices vary widely
