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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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Direct lender makes partner level hire from rival -
Higher rates no longer a positive factor
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Bank's European private lending operation is in fundraising mode
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Direct lending among asset classes to be hit by 'absurd' requirement to gauge greenness
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OLB and a.s.r will split the loans between them
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