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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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Loan will refinance debt and finance acquisitions, including Camelot -
Deal including bilateral loan will extend debt maturities
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Next year could be tough if direct lenders are not as enthusiastic as in 2022
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Four LBOs in less than 24 hours: a sign of market revival or greater distress?
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Deal will cut Liberty Media-owned car racing group’s debt by $500m
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Will the market be busier? More competitive? Tighter or wider?
