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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
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Transaction bolsters stability of music catalogues as an asset class
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Constraints on senior investors could open chances for junior funds
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Changes are latest in a wave to refresh top echelon of EMEA bankers
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Around 35 axed in latest UK and Europe round
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Two more deals make four levloans in the market
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Positive expectations for the new year are veiled behind the specter of 2022