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Innovation and ambition have been hallmarks of mergers and acquisitions activity this year, but there are some signs of weakness in private equity
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
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Development continues the trend of direct lenders staffing up in Germany
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Default rate of 10.3% predicted in the US
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The commodities firm has sealed a loan to meet its July obligations, while keeping the door open for bonds
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Comes at a time of relative scarcity for new issuance in European levfin
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Value in private credit is created by the staff
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Investors’ ideas of infrastructure assets are getting broader all the time
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