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LBO financing includes $5.75bn term loan to be priced early next week
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
William Liu joins from K&L Gates
Buyers line up €11bn of debt and equity financing
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The €1.3bn-equivalent TLB is partly refinancing but TMF is acquisitive -
Acquisition activity likely to stay slow in first half of year
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Borrowers need to get used to the volatility and higher spreads in the market
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Progress seen in both markets but it remains gradual
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Portfolio managers overwhelmingly expect spreads to widen
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Banijay's $940m A&E deal is the only leveraged loan out this week
