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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
Predictions 2025 would be a 'good vintage' dashed, but better deals could still advance
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Trade was oversubscribed in under 20 minutes
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Other direct lenders in Europe are keen to follow in the manager’s footsteps
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Hire follows senior bankers quitting
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Acquisitive company also prints bonds following Valinor purchase
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BNP Paribas places full capital stack, with broadly syndicated investment grade tranches
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