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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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Finances drug company's buyout by Carlyle and PAI Partners -
Credit manager has been expanding this year
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Large amount of 'super-senior' debt could lead to lower recovery rate
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Financial media business will be split between Astorg and Epiris
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UK luxury carmaker opts for Saudi participation over Chinese control
