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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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There is no crock of equity gold at the end of the rainbow -
Junior triple-A tranches become more prevalent as arrangers struggle to find senior triple-A demand
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US and European markets only briefly paused, with Onex returning for rare increase of old deal
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Heavily indebted company expects its yields to fall after next month's regulatory milestone
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Class A bondholders expect to get a quorum for the lending deal the utility agreed to
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Europeans issue short deals as IG investors fill up before US elections
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