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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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Larger deals are more tradable, a source of confidence in uncertain market
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Ian Dorrington to join in New York after 12 years at Deutsche
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There have been few leveraged buyout deals this year and several have been cancelled
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Loan Market Association's model provisions should save participants time wrestling with legal issues
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Healthcare sector is in the forefront of acquisition activity
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Companies have taken loans for working capital and future acquisitions in A&E-dominated market