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Agreement includes accordion facility
The financing follows the completion of site's construction
Technicals strong and CLO issuance continues, though participants stay cautious on loan selection
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IPTs are tighter than market participants expected at the start of 2024 -
Francis one of a pair of senior departures
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Spreads might tighten further, but assets tighten faster
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The rally in loans may encourage some calls, but most CLOs will prefer to cling to older cheaper deals
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Aerospace, transportation, and logistics PE firm hires new exec
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Market participants expect primary spreads to come inside 165bp, but scarce loan issuance will remain a problem
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