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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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Three CLO managers have set the benchmark for refis and static deals priced against Sofr after Libor demise -
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Sven Baumann had been with Citi for seven years
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The first deal is expected soon, with a further 12 issuers lining up alongside Fortress to set the benchmark for middle market CLOs
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Floating rate paper in high demand as Fed accelerates tapering timeline
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