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New dangers are making deals harder to do, but pricing for the haves is still tight
Manager refinances 2023 deal, reset in 2024
◆ Double-B French telecoms brings IG-style execution ◆ Demand peaks over €2bn ◆ Pipeline looks thin as uncertainty over Middle East conflict looms
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M&G prices at 146bp as several managers market deals at tighter spreads -
Abundant cash is keeping the market going strong through macro uncertainty and supply problems
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Placing majority equity with external buyers is still unusual in Europe
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Law firm beefs up its private equity business with new hire
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Taking an unusual approach, the asset manager uses CLOs to finance BSL investments
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BofA increases issuance forecast as pipeline keeps refilling
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