It's good for the market and good for borrowers, said a banker.

At the time, price was the main sticking point, the banker said.

It's quite a wide number, said a banker away from the deal.

Deals underwritten now, however, reflect the current wider levels, said the banker.

The UK also wants to change EU rules to curb banker bonuses.

Investors just want a better covenant package, a second senior banker said.

There is certainly Canadian interest, one banker familiar with the deal said.

The concessions may help Apollo on future deals, a third banker said.

Banks will benefit as much as asset managers, another investment banker said.

On the new issue front, clients are more engaged, this banker said.

Probably they will go forward with the bond issue, the banker said.

Rothschild is the investment banker for the proposed deal, separate reports suggested.

Financing unlocks the deal, said one investment banker at a large firm.

We're dusting off old processes given the new environment, a banker said.

They were forced to go longer to get yield, one banker said.

Rather these deals represent a rebalancing of the market, a banker said.