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Leveraged loans in stressed sectors like software carry refinancing risk
Ferrero International markets €300m deal
Six tranche loan attracts record demand
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Paul Gibbs among those departing the firm after long service
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More robust growth expected in 2026
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The best investment banks are those that can navigate all conditions, not just thrive in the good and survive the bad
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German promissory notes come into their own in times of stress
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Company ups loan from €135m and adds sustainability linkage
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Conflict marks inflection point for investment banks as syndicated loan exposure and crushed bond fees come under scrutiny
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