Newsletter

Loan Note: CLOs prepare for end of LIBOR; M&A market could see sharp slowdown

With the LIBOR benchmark rate due to be retired at the beginning of 2022, new research reveals how CLOs are adapting. Also: could the booming M&A market be about to experience a slowdown? Here’s today’s brief for our valued subscribers only.

Loan Note: Rises and falls in volatile credit market; aviation industry looks to funds

An increase in both fallen angels and rising stars as credit performance bifurcates. Plus: private funds are increasingly seen as the prime source of finance by the aviation industry and deals in the Benelux region are on the up. Here’s today’s brief for our valued subscribers only.

Loan Note: German debt funds grab market share; big new Japanese LP on the block

Debt funds continue to overshadow the banks in German leveraged buyouts. Plus: the Japanese LP set to enter the alternatives market and S&P finds European corporate upgrades outpacing downgrades. Here’s today’s brief for our valued subscribers only.

Loan Note: Ares’ sustainability-focused loan; progress for Central European fund

Ares completes sustainability-focused mega-loan as advisory firm calls for a greater ESG focus on due diligence. Plus: CVI progresses breakthrough fund for Central European direct lending and 17Capital is seeing unprecedented dealflow for portfolio finance. Here’s today’s brief for our valued subscribers only.

Loan Note: Sovereign funds boost investments in July; CVC prices two more CLOs

Sovereign wealth funds have picked up their investment pace in July with a strong focus on local markets. Also: CVC prices two CLOs in one week and Monroe poaches an MD from Manulife. Here’s today’s brief for our valued subscribers only.

Loan Note: Bond issuance buoyant in 2021; Real estate deal volume rebounds

Bond issuance remains solid despite expectations of a major contraction. Also: real estate deals have rebounded strongly in the second quarter and Star Mountain hires a former Barings executive.

Loan Note: Default rates keep falling; Mega fundraisings keep on coming in flight to quality

Private credit default rates continued to fall in Q2 as economic momentum builds after the pandemic crisis. Plus: Multi-billion dollar fundraisings continue to increase and family office lender FLC makes its first deal.

Loan Note: Investor appetite holds up in pandemic; Denham and Aflac back sustainability

Investor appetite for private debt is holding up, despite some concern about distressed funds. Plus: Denham teams with Aflac for a sustainability investment platform and Pemberton makes a senior hire in the US. Here’s today’s brief for our valued subscribers only.

Loan Note: Pandemic-hit fundraising falls further; European leveraged finance surges ahead

Private debt fundraising yet to recover from the ravages of the pandemic. Plus: the European leveraged finance market is going strong and US industrial credit is showing promising signs. Here’s today’s brief for our valued subscribers only.