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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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Fintech platform aims to provide universal digital solution to arrangers in Europe and Asia -
Strong names attract investors even for shareholder-friendly payouts
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Double-B companies price TLBs at widely different spreads
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Privately launched loans gain popularity amid volatile market
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Sustainable finance team to advise on 'strategic decisions'
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Deals follow recent narrative of levfin market dominated by refis and financing for smaller bolt-ons
