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Moody's says the prevalence of PIKs could lead to bondholders wanting structural risk mitigants
Blackstone out with two trades but overall issuance could suffer
The Manchester based company was advised by debt specialist Alvarez & Marsal
Direct lenders take the initiative as banks step back
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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
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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
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Firm has added to its London team with seventh partner hire this year
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Banker had worked at DB for 14 years
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Marco Ferrari joins Stockholm office from Nordea
