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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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The loan is not to finance takeover, but will refinance coming maturities
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Leveraging-up deals are being done again as lenders need to put capital to work
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Fintech platform aims to provide universal digital solution to arrangers in Europe and Asia
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New strategy will target tickets of more than $500m after banks retreat from sponsor-backed LBOs
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Strong names attract investors even for shareholder-friendly payouts
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CEO Winkelried tells investors inorganic growth is a priority and says firm is actively focused on credit