Loan Note

Loan Note: Why creditor violence may not spread to Europe; AXA IM Alts identifies opportunities

Violence in the US unlikely to spread to Europe; opportunities and challenges identified by AXA IM Alts; and private credit returns going strong.

Loan Note: Syndicated resurgence puts private debt in the shade; hurdle rates not shifting despite interest rate rises

European private debt volumes suffer as broadly syndicated market lands counterpunch; scrutiny of hurdle rates in higher rate environment; and NXT and Cresset join forces for lower mid-market deals.

Loan Note: KKR scrutinises bank/fund relationship; bankruptcy data stays consistent

Significant risk transfers are the latest manifestation of bank/fund complementarity, according to KKR; bankruptcy level stays constant; and Capza raises significantly more for its latest European fund.

Loan Note: Private debt performance strong, notes AIC; direct lending volume dips as LBO financing rises

AIC finds private debt performance standing up well versus comparators; direct lending volume dips but leveraged buyout financing is on the rebound; and NAV specialist 17Capital makes move into GCC.

Loan Note: Fitch sees defaults rising amid healthcare headwinds; US leveraged loan activity booming

Fitch finds defaults rising amid healthcare struggles; Monroe notes a strengthening US leveraged loans market; and MidOcean wraps up a new opportunistic credit fund.

Loan Note: Limited partners want more private debt; strong performance from Europe’s mid-market

Coller finds strong appetite for private credit; European mid-market performing well; and new private credit blockchain solution launched.

Loan Note: Healthy signs for US direct lending; Europe’s BSL market revival

Encouraging data for US direct lending; refinancings drive a revived broadly syndicated loan market in Europe; and LPs not as negative as you might think on NAV loans.

Loan Note: Insurance appetite growing for private debt; Arrow deepens its Germany presence

Insurance appetite for private debt revealed by survey; Arrow makes acquisition in Germany to deepen its presence in the market; and PGIM launches its first ELTIF vehicle.

Loan Note: Net-zero guidelines for private debt; Alcentra weighs BSL versus direct lending

‘Grace period’ forms part of new net-zero guidelines for private debt; Alcentra tracks some key implications of the broadly syndicated loan market’s revival; and Antares’ latest hires reflect emphasis on the wealth channel.

Loan Note: Mixed signals in European unitranche; default rate may have peaked

European unitranche activity edges down but hopes are high; S&P expects a modest decline in the default rate; and Dawson steps in to provide liquidity for Churchill.