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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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Three issuers to price loans this week
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Valuation disagreements are expected to hold up M&A throughout the first half of the year
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Deals show investors’ constructive sentiment
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US companies' cross-border loans buck low expectations of acquisition activity
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Companies take advantage of early year optimism to borrow
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Investor calls on Thursday for CD&R takeover financing