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Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
Borrowers moving between the two markets create opportunities for both
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Junior debt buyers want to preserve flexibility while the market explores different solutions
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A more sophisticated approach to pricing can attract more buyers, even if certain managers have to pay more
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Asset manager plots first euro deal since hiring Jason Late to head CLO platform last December
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More deals in the pipeline as CLO market keeps momentum
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The new deal offers a longer non-call period for tighter spreads
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