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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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Even a small tightening could unlock huge dealflows, but investors appear to push back amidst a wave of issuance -
Shareholder Blue Owl will take 10% of the private equity firm's Amsterdam flotation
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Approach to credit monitoring matters more than triple-C bucket size as market vulnerability is expected to drive manager tiering
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Like Renk and Douglas, Galderma has turned to the loan market over bonds after floating
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European CLO debt index will be the first benchmark provided by a manager
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