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Banks Recapture Leveraged Debt Deals as Private Credit Stumbles

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The Story

News Summary

  • Retail investor redemptions from private credit funds are eroding direct lenders' pricing power.
  • This shift is allowing traditional investment banks to recapture market share in leveraged finance, as corporate borrowers increasingly turn to cheaper syndicated loan markets for multi-billion-dollar refinancings.
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JPM price history

356.23 +21.24% over the displayed period

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