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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
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Pictet latest private bank to move into direct lending
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Diversification ranked high in LP priorities at conference
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Printing and sprinting is back for US CLOs with shorter deals expected to proliferate
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Rising costs could lead to ratings downgrades
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Perpetual Limited and family offices provided equity support, first CLO planned in July
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