Inflation

Both BlackRock and Fitch view the credit macro scene warily

No big ‘easing cycle’ expected; keep an eye on upcoming waves of maturities, reports say.

BDCs face challenges, competitive pressures

Business development companies are expecting strong income and dividend coverage but there are also headwinds to contend with. PDI examines the views of two rating agencies.

MV Credit: Tough conditions shine light on performance

The testing market makes this the ideal time to assess which managers have the most resilient portfolios, says MV Credit’s Frédéric Nadal.

Twin Brook Capital Partners: Capital structures remain key to recovery

Default rates are starting to increase in the upper mid-market, making credit terms more important than ever, says TPG Twin Brook Capital Partners’ Kim Trick.

Arrow Global on private debt’s enduring impact and opportunity

Strategic value and rapid growth in Europe mean that private debt is now a highly significant asset class, says Arrow Global Group’s Zach Lewy.

10 key trends: The looming maturity wall

A swathe of borrowers searching for refinancing over the next few years presents fresh opportunities.

10 key trends: Higher-for-longer interest rates

Persistently high rates have transformed the landscape for opportunistic credit strategies, as borrowers seek cheaper refinancing solutions.

Alter Domus: Opportunistic credit is ready for action

Opportunistic credit funds are gearing up for a busy year as increased interest rates start to bite, says Alter Domus group sector head of debt capital markets Greg Myers.

Kartesia: Private debt offers the necessary flexibility in times of stress

Whether it is to support founders seeking the next phase of growth or to address liquidity needs, opportunistic credit is a growing focus for private credit, says Guillermo Ferre, head of Spain and Italy at Kartesia.

Nuveen Real Estate: Now is the time for commercial real estate debt

Jack Gay, global head of real estate debt at Nuveen Real Estate, takes an in-depth look at the sector’s key characteristics.