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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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Agreement includes accordion facility -
The financing follows the completion of site's construction
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Technicals strong and CLO issuance continues, though participants stay cautious on loan selection
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Lenders sense appetite for M&A among companies, PE firms and lenders
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Embattled water utility was recently found accountable for breaches in wastewater operations and dividend payments
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Sub-$50m Ebitda private credit borrowers under financial pressure prior to tariff volatility
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