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Despite the allure of lower loan prices, CLO managers should print deals cautiously
Software loan sell-offs and the Iran war have caused US and European loans to price differently
Leveraged loans in stressed sectors like software carry refinancing risk
LBO financing includes $5.75bn term loan to be priced early next week
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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
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William Liu joins from K&L Gates
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Buyers line up €11bn of debt and equity financing
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Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
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Pharmaceuticals and energy transition also ripe sectors for M&A
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The US bank has emerged from its restructuring to record impressive market share gains following a reboot of its financial sponsor and leveraged finance businesses