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Margins widen as lenders weigh up AI disruption to portfolio companies
◆ What strikes on energy infrastructure in the Middle East mean for emerging market bonds ◆ Why issuing in dollars has become so dicey for supranationals and agencies ◆ Europe’s advantage in the private credit meltdown
A slow destruction of misallocated investment is more likely than a sudden stop
Investors confident software fears are overblown
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NN Investment Partners appoints head of alternative credit — Bothamley and McNelis take up DCM reins at HSBC — RenCap picks private clients boss
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NN Investment Partners has hired a head of alternative credit, who is set to start in mid-January.
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A rich variety of UK borrowers including a football club, two airports, the City and a clutch of FTSE 250 firms turned to US private placements in 2019. UK local authorities remained absent, but a surprise from the UK Treasury in October may be a game-changer
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The National Grid brought a £50m 10 year bond to the medium term note market on Wednesday — the day before the UK voted in an election marked by a debate about whether utility companies should be nationalised.
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Schuldschein salespeople, hunting for new investors with deep pockets, are targeting institutions with environmental, social and governance portfolios as the trend for green deals flourishes.
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Certain US private placement (PP) investors are beginning to fear a turn in the famously prudent market, towards a world with looser financial covenants. Let us hope this remains a fear and does not become reality.