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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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Cerba seeks €500m in last leg of €1.2bn buyout financing -
Despite strong revenues, analysts have questioned bonuses designed to 'retain key talent' at Citi
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Investors repel tough terms and tight prices on pair of deals
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Investor demand for resilient asset class attracts new players
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The firm also noted that it had spent on 'front office hires' within its investment bank in the past quarter
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