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(Bloomberg) -- After a year dominated by direct lenders, investment banks are now winning some bigger deals in the buyout financing market.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanA $500 Billion Corporate-Debt Storm Builds Over Global EconomyRags-to-Riches Wealth Fund Veteran Plans to Run for Singapore PresidentMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaAmo...

Direct lenders are still able to offer larger amounts of debt to equity in deals, but banks are now better able to compete on pricing.