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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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Comes at a time of relative scarcity for new issuance in European levfin
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Value in private credit is created by the staff
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Investors’ ideas of infrastructure assets are getting broader all the time
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Direct lenders take different approaches to implementing ESG-linked facilities
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Goldman's Schwartz comes in as head of distribution
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Franklin Templeton to pay $350m in cash up front