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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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◆ Issuers return with solid, but unspectacular deals ◆ CLOs promise a great reset ◆ China’s problems stay in China
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High-end resort deals do well but generic business hotels still under the pressure of higher rates
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Private loan securitization grows fast to help major asset managers get round tricky regulations
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UBS has kicked off its first round of job cuts ahead of unveiling the new leadership of its corporate finance business
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UK pub company was one of many to agree coronavirus pandemic waiver on debt testing
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The deal was the first to be completed since Global ABS