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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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Term loan ‘B’s suggest a revival of levfin market
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The $150m loan is expected to be launched to the market in mid-October
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The pair join the business and relationship management team from Natixis and Barclays
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Growing number of deals comes despite threats to credit quality
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New issuers strengthen signs of levfin revival