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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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Final closing for the Texas-based firm to support multiple deals
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Sponsor relinquished control of business to lenders
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Dry powder in European direct lending may be at an all-time high
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