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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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Keep your covenants close, but keep your sponsors closer in mid-market lending
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Direct lenders expect to take market share but have their own problems to cope with
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New loan package extends debt, company aims to use debt capital markets
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Montagu-owned company has suffered supply chain problems
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Claas, Vaillant and Danish Crown to price Schuldscheine in “strong” market