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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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Credit manager looking to raise €4bn, source says
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LMA survey reveals lenders' concerns and hopes for the next year
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Three of the deals are term loan Bs, hinting at 2023 activity
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Altice issues €2.04bn-equivalent loan at 500bp, up from 275bp for previous facility
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Warehouse company has avoided this year's interest rate rises
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Two speculative grade companies have met their financing needs before the end of the year