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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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The primary leveraged finance market is beginning to churn out deals again. The first European high yield deal in 10 weeks is expected to be priced this week and a handful of leveraged loans have begun the pricing process. -
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Departure comes at critical time for the credit manager
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Auditing sustainability reports cannot be left to accountants
