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New dangers are making deals harder to do, but pricing for the haves is still tight
Manager refinances 2023 deal, reset in 2024
◆ Double-B French telecoms brings IG-style execution ◆ Demand peaks over €2bn ◆ Pipeline looks thin as uncertainty over Middle East conflict looms
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Tight loan market makes it tricky to ramp CLO portfolios -
Reorganisation changes reporting lines
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One major bank has underwritten three infra deals in the last week
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Agreement includes accordion facility
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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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