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Sub-$50m Ebitda private credit borrows under financial pressure prior to tariff volatility
Direct lenders take the initiative as banks step back
In recent weeks, private credit and direct lenders have brought more certainty to borrowers as capital markets were roiled by tariff chaos
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Executive director was at US bank for a decade -
Managers expect drop in appetite for new issuance but spreads likely to drift wider rather than balloon
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German beauty retailer’s IPO triggers overhaul of debt structure, ratings may go
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Roscoe Roman's appointment is the first several planned for the private credit team
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Rising loan prices have boosted equity returns on 2022 deals despite wide spreads
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