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Direct lenders take the initiative as banks step back
In recent weeks, private credit and direct lenders have brought more certainty to borrowers as capital markets were roiled by tariff chaos
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
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Robert Reynolds has joined Spire, the European leveraged debt asset manager, as chief investment officer and partner.
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Faster SpA, the Italian producer of couplings for the hydraulic industry, has signed a €98m loan to back its buyout by Capvis Equity Partners.
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US pharmacy group Walgreens is looking to acquire the 55% stake in UK chemist chain, Boots that it does not already own, as KKR exits the firm it acquired in 2007 for a record £11.1bn.
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Lindorff, the credit management firm, priced €1.452bn-equivalent of notes on Friday to finance its buyout by Nordic Capital.
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PizzaExpress prices LBO notes - Winoa pulls planned deal
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Winoa, the French maker of steel abrasives and diamond cutting tools, has withdrawn a planned €260m senior secured bond issue amid fears that market volatility would make terms unfavourable for the issuer.