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There is no crock of equity gold at the end of the rainbow
Creditors can and will be bumped down the pecking order at the time when it matters most
Restructuring takes step towards conclusion
Public markets have proven to be often just as illiquid, leading to a convergence in approach
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Company opts to raise green loan as lenders say pricing can be more competitive in the right circumstance
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Record issuance volumes hide negligible net growth in the US, European market fears similar dynamic
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French media and travel conglomerate expands banking syndicate but gets more expensive pricing
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Using sleeping SLL structures could help companies cope when they need more time
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Unclear if manager can take market along for the ride