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Even leveraged deals still being underwritten, though banks are selective
Liquidity event at American manager comes at fraught time for industry
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
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Company in unusual sector will call on debt markets if deal goes through -
OptiGroup deal paused due to market conditions
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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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