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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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Double-As to triple-Bs get harder to place amid onslaught of last-minute new issuance -
Junior creditors propose cheaper offer to Class A deal
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Company's debt woes has seen its credit rating cut another notch
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New role was created by reorganisation in spring
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Embattled water company already has £1.5bn backstopped as it fights for its future
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IDB’s $1bn risk transfer expected to encourage other MDBs
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