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Deal could include $950m of bonds
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
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KBRA says delinquency was up by 23bp in August, on the heels of July's 34bp increase -
Market was hopeful of some relief but SEC ruling on private fund advisers goes even further
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At least three managers have issued cleansing notices, and more deals are being warmed up, say sources
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Structure caters for those investors wanting to be more than one notch away from triple-C territory
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The German lender requires a Moody's rating to buy European CLO debt, sources say
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Investors optimistic that higher rates will not be enough to spur mass defaults
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