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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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Better pricing conditions are enabling managers to refresh old deals -
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Departure comes at critical time for the credit manager
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The firm has closed its largest fund, using leverage to invest in senior secured and unitranche loans
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Market watches first new issue since February closely
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The partnership will give retail and institutional Israeli investors access to CLO debt, equity and warehouses
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