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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
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Shares leap as immediate debt pressure eases and Topshop sells
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Bankers are already retracting predictions of a busy end to the year as potential hiccups fill the calendar
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KIMM platform likely to be serial issuer as manager returns to middle market after two year absence
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Antares and Orion start marketing at start of busy month
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Although visible pipeline for new issues is low, the seeds for its return are being planted