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Deal means 2024 will break 2021's record for middle market CLO issuance
Fair Oaks first listed the product in Germany
Both managers had to widen guidance in certain parts of the capital stack
The secondary market has tightened more and is riskier than it looks
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Rare feature will allow manager to avoid negative 'cash drag' for equity -
Manager boosts 2022 loan opportunities fund by 20% to €500m
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Strong reputation helps the manager place the AAAs at 148bp, investors said
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More competition for paper and return of equity buyers will stop senior debt buyers getting their way so easily
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Demand has so far supported high activity but ‘at some point the arbitrage runs away’, says banker
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Marlborough Partners appoints Buckland as chairman to expand in European credit
