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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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The first deal is expected soon, with a further 12 issuers lining up alongside Fortress to set the benchmark for middle market CLOs -
Floating rate paper in high demand as Fed accelerates tapering timeline
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Appointment follows similar moves in France and Italy
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US president Joe Biden's $1.2tr infrastructure bill can be the catalyst for a new product that will shake up the CLO market
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Cohen and Hermer staying at the helm in capital markets
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Move comes as RBC ups pressure on rivals in European levfin
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