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A slow destruction of misallocated investment is more likely than a sudden stop
LBO financing includes $5.75bn term loan to be priced early next week
Investors eye 2028, 2031, 2032 as big years for loan maturities
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Managers expect drop in appetite for new issuance but spreads likely to drift wider rather than balloon -
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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The additional €5bn of repayments could be 'material' for triple-A demand
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