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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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Smridhi Gulati joins from Dechert -
Long maturities and better pricing lure Aussie issuers
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Private equity, not credit, is flavour of the month as downturn looms
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Sustainability-linked structure is not fading but thriving, sometimes combined with green assets
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Schuldschein investors have returned to the market and are scaling up orders
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Margins are linked to Austrian company’s ESG rating
