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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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Bain-owned company benefits from better market tone -
Hopes rise for CLO market despite looming uncertainty
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Brazilian labelling manufacturer raises €120m for subsidiary Tags Lux
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Schools group seeks to refinance term loan Bs due in 2024
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Stress will force managers to evaluate workout strategies including debt-to-equity swaps
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New capital markets and advisory department will sit within wholesale banking division
