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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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A pause in issuance could have helped arbitrage recover, but several managers took an unexpected leap ahead of summer -
The deal was the first to be completed since Global ABS
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Pair have backgrounds in leveraged finance and corporate debt
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CLO managers hold majority of the French grocer’s €1.4bn term loan B
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Spiking interest rates and shrinking demand are testing the long term health of the office sector
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