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New dangers are making deals harder to do, but pricing for the haves is still tight
Manager refinances 2023 deal, reset in 2024
◆ Double-B French telecoms brings IG-style execution ◆ Demand peaks over €2bn ◆ Pipeline looks thin as uncertainty over Middle East conflict looms
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Asset manager follows Arcmont in recruiting to manage expansion in the Nordic region -
Acquisition activity likely to stay slow in first half of year
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Borrowers need to get used to the volatility and higher spreads in the market
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Patric Carlsson joins after six years at Carnegie Investment Bank
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Progress seen in both markets but it remains gradual
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Portfolio managers overwhelmingly expect spreads to widen
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