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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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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
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France has historically been a larger sponsored-unitranche market