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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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Direct lenders take the initiative as banks step back
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In recent weeks, private credit and direct lenders have brought more certainty to borrowers as capital markets were roiled by tariff chaos
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Predictions 2025 would be a 'good vintage' dashed, but better deals could still advance
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BWICs spike and spreads widen but market remains constructive
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Tool hire company sees significant opportunity coming to the sector from government support
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