Loan Note

Loan Note: Three points of stress for leveraged loans; fundraising fighting to stay on course

Fitch discovers the leveraged loan market adapting to tough new realities. Plus: fundraising bears up well so far; and Monroe launches a new CLO. Here’s today’s brief for our valued subscribers only.

Loan Note: Discover the identity of our Rising Stars; KKR reaches out to new investors

A reminder to peruse some of our latest content, including Rising Stars and our Global Investor 50. Plus: KKR seeks to connect with new investors; and McKinsey finds evidence that fund managers will be rewarded for diversity. Here’s today’s brief for our valued subscribers only.

Loan Note: Pressure increasing on mid-market borrowers; UK and senior debt dominate European RE debt funds

Mid-market borrowers will struggle to generate enough cashflow to cover interest expenses, according to KBRA. Plus: the UK and senior debt closed-end funds dominate Europe’s debt fund market; and S&P finds negative rating pressure building. Here’s today’s brief for our valued subscribers only.

Loan Note: UK investors shifting from private markets to fixed income; new manager launched in US

UK investors are shifting their allocations from private markets to fixed income, a bfinance poll finds. Plus: a new firm is launched for the US lower mid-market; and defaults are going up, including in the highly favoured healthcare sector. Here’s today’s brief for our valued subscribers only.

Loan Note: Banks retreat as lenders eye more complex market; US commercial property growth slowing

It’s a more complex, specialist world of investing. Further thoughts arising from our Europe Summit. Plus: signs of slowing growth in US commercial property; and European leveraged loan issuance plummets. Here’s today’s brief for our valued subscribers only.

Loan Note: PGIM study makes investor recommendations; Deloitte charts ups and downs in deal market

In a new paper, PGIM considers what priorities private market investors should have in a changed world. Plus: Deloitte notes a strong first half of the year for European deals, as the second half looks tougher; and Angelo Gordon and Precis Capital add to their teams. Here’s today’s brief for our valued subscribers only.

Loan Note: US mid-market performance presents mixed picture; we discover investor priorities

Golub finds mixed news in the US mid-market. Plus: investors at our Europe Summit say the fundraising door will not slam shut; and QIC adds to its multi-sector private debt team. Here’s today’s brief for our valued subscribers only.

Loan Note: Ten talking points from PDI Europe Summit 2022; S&P’s weakest links on the rise

Our Europe Summit 2022 brought together record numbers of private debt professionals to discuss the vagaries of today’s market – we bring you some key highlights. Plus: S&P finds ‘weakest links’ on the rise; and FirstAvenue hires two credit specialists. Here’s today’s brief for our valued subscribers only.

Loan Note: All the latest from around Europe; Monroe reflects on fading leveraged loan market

We take a look at all the latest key trends in Europe in a new report. Plus: Monroe Capital sees private credit benefiting at the expense of leveraged loans and CIFC and AlbaCore announce new hires. Here’s today’s brief for our valued subscribers only.

Loan Note: The latest in borrower/lender negotiations; why volatility can be a positive

We take a look at who’s winning at the deal negotiating table – borrowers or lenders. Plus: volatility is a virtue according to Churchill’s Kencel; and Benefit Street launches a multi-strategy fund. Here’s today’s brief for our valued subscribers only.