Wall Street Gets Seat at Private Credit Table With Ardonagh Deal
(Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc.’s attempt to elbow their way into a multi-billion financing for Ardonagh Group Ltd. shows banks are back in the world of leveraged finance. It also shows private credit is here to stay.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Leaves After Rift With ZelenskiyEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimCitadel Among Hedge Funds That Got
Source: yahoo.com