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Banks already working on deals in the industrials and chemicals sectors
As Ares raises the largest direct lending fund, Goldman Sachs reorganises to serve the trend
Sole bookrunner Morgan Stanley gets deal multiple times covered
Trade was oversubscribed in under 20 minutes
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Next year could be tough if direct lenders are not as enthusiastic as in 2022
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Four LBOs in less than 24 hours: a sign of market revival or greater distress?
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Some banks and investors expect covenants to improve as risk rises
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Alpha Wave Private Credit will be co-managed by US asset manager Alpha Wave and Abu Dhabi’s Royal Group
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Lower execution risk of PP pulls Saxon Weald into £70m sustainability-linked financing