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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
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
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Artsana, the Italian babycare products manufacturer, will not allocate its €575m debt package for at least another week, according to a banker on the deal.
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A senior banker covering onshore China loans at Standard Chartered is set to step into the shoes of Lewis Wong, who quit as regional head of loan syndications for Greater China and northeast Asia, in May.
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An executive director who quit the loans syndicate and distribution team of Standard Chartered in April, has joined UBS.
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Apollo Investment Corp’s president has resigned after four years at the firm.
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Allnex, the Brussels-headquartered coating resins business, has allocated its €730m cov-lite seven year term loan after transferring €30m to the dollar tranche and further increasing it.
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Verisure, the B2/B rated Swedish alarms systems company, has allocated its €1.02bn term loan ‘B’ after adding a €135m tranche.