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Bain, Cinven Are Said to Pick Banks for €10 Billion Stada Exit

(Bloomberg) Bain Capital and Cinven have lined up banks to help them weigh options for Stada Arzneimittel AG, including a potential sale of the German drugmaker, people with knowledge of the matter said.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Severe Crash Is Coming for US Office Properties, Investors SayOnce Unthinkable Bond Yields Now the New Normal for MarketsStocks Lose Footing as Treasury

Defaults likely to spike as banks, direct lenders compete for LBO deals – Moody s

The competition between banks and direct lenders in the leveraged buyout arena will likely result in more defaults as riskier debt deals get done.

Private Credit, Bank Rivalry Spurs Race to the Bottom,  Moody s Says

Private Credit, Bank Rivalry Spurs Race to the Bottom,  Moody s Says
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Bankers Prepare for Stada Sale With €6 Billion Debt Package

Bankers Prepare for Stada Sale With €6 Billion Debt Package
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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