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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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Spread between riskier and higher rated corporate debt tipped to widen for first time in years -
Sole bookrunner Morgan Stanley gets deal multiple times covered
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Dana Point 'no longer the end' of the year as market retains momentum
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Trade was oversubscribed in under 20 minutes
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Other direct lenders in Europe are keen to follow in the manager’s footsteps
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Hire follows senior bankers quitting
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