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BNP Paribas eyes move into private credit as leveraged lending dries up
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fnlondon.comBNP Paribas is eyeing a move into private credit, which could provide an alternative source of funding for major M&A deals as traditional bank lending dries up.
The French bank is considering a move into the private credit sector, according to people familiar with the matter. The lending strategy would sit within its investment bank and would likely be a hybrid approach alongside its leveraged finance division, the people added.
However,...
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