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Innovation and ambition have been hallmarks of mergers and acquisitions activity this year, but there are some signs of weakness in private equity
Leveraged loans in stressed sectors like software carry refinancing risk
Ferrero International markets €300m deal
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The deal was increased to $8.5bn from $8bn at the last minute due to strong demand -
Some borrowers are working with a smaller number of banks in a tough market
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UK social housing will be squeezed between ethical and financial imperatives
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No immediate impact on UK banks’ and insurers’ capital ratios, but tests signal later recalibration likely to follow
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