Reshmi Basu
Co-Managing Editor, Debtwire
Debtwire
Reshmi Basu
Co-Managing Editor, Debtwire
Short runway: loan and bond secondary markets wobble ahead of upcoming Fed meeting
The likelihood of the Federal Reserve achieving a ‘soft landing’ took another shot this week as the Dow Jones Industrial Average on Monday suffered its largest single-day loss since June, sliding 643 points.
Ares has secured pole position in Debtwire Par’s 1H22 Western Europe Direct Lender Rankings, having completed 44 deals to gain a 12.3% market share. In a close finish for second and third place, Barings and Fiduciam closed 33 and 32 deals, respectively.
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