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Investors eye 2028, 2031, 2032 as big years for loan maturities
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
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Will the market be busier? More competitive? Tighter or wider?
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Some banks and investors expect covenants to improve as risk rises
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New facility does not include ESG targets
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Sanoma has syndicated a €300m revolving credit facility and €250m acquisition term loan
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Alpha Wave Private Credit will be co-managed by US asset manager Alpha Wave and Abu Dhabi’s Royal Group