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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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Increasing CLO issuance might not stimulate leveraged loans, as M&A activity is vital for both
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'Old school' market needs collaboration to improve timing and transparency
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Some distressed developers could be kicked off stock exchanges, complicating restructurings, as investors ‘give up’ on the sector
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Charlotte Conlan, Stanford Hartman, Erin Brown and Paolo Grassi will lead expansion of levfin business
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Multi-billion transaction enters empty leveraged loan market
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Jumbo new money deals are still not close, but amends and extends are raising confidence