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Long seen as adversaries, banks and private credit lenders are getting used to working together
Fahy will also lead asset-based finance origination
Direct lending default rates tick higher amid notable distressed situations
A Swiss borrower has already closed books and Austria's Egger will soon
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Market participants predict private cash placements and dribble-outs to rise as issuers balk at block trade and IPO discounts -
BNPP paying €5.4bn, Axa to make €3.8bn share buyback after sale closes
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Interview with Lily Feng, founder of fine wine valuation and lending platform, Jera
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Italian and French companies attract strong demand with inaugural offerings
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Private equity and debt firm launches deal into pipeline dominated by BSL CLO resets
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Investec creates new team as private credit sees ‘phenomenal’ growth
