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Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
Borrowers moving between the two markets create opportunities for both
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Defining clients as European, US or Japanese does them a 'disservice', says US head of advisory and capital markets. 'At the end of the day, there are SMBC clients.'
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Anacap and Prax cancel sales of proposed bonds
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Acer Tree Management priced first CLO, while BlueBay returned with third European deal
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Three CLO deals were priced this week even as conditions grow tougher
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HSBC Private Wealth, Julius Bär, Lombard Odier and Pictet Group look to move into the asset class
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The US CLO market has found its 'clearing level' as it adjusts to using Sofr as a benchmark instead of Libor and issuance will pick up as a result, albeit with some players troubled by macroeconomic uncertainty
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