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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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New capital markets and advisory department will sit within wholesale banking division -
Firm is fleshing out private asset capabilities
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Borrowers likely to opt for bespoke credit structures while banks struggle with onerous capital requirements
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Manager closed $1.4bn debut fund in early 2022 and was anticipating full deployment by year-end
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New recruit left Ares in October and will work out of firm's London office
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Stefan Scherff joins ING as director of loan capital markets
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