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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
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New strategy will target tickets of more than $500m after banks retreat from sponsor-backed LBOs
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Private debt manager will launch two funds aimed at Spanish and UK companies in energy transition
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Strong names attract investors even for shareholder-friendly payouts
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New hire to oversee global private credit expansion
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Global investment houses managers want to expand into private credit but barriers to entry are high
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Investors have praised fundraising restraint in private debt but now those that abandoned it may enjoy bigger rewards
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