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Record fundraising in 2025 has left private lenders fighting for deals
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
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An absence of domestic German and Austrian blue chip firms from the Schudschein market, in a year when it is set to top last year’s record volumes, is a testament to its strength.
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Yves Dupuy, Société Générale’s former chief information officer for global banking and investor solutions EMEA, has joined post-trade infrastructure company Euroclear as its CIO, a newly created role.
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Crane maker Konecranes raised €150m with a debut Schuldschein on Monday, as the Schuldschein market aims to set a new yearly record.
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Crane maker Konecranes raised €150m with an inaugural Schuldschein on Monday, following its Finnish compatriot, food packager Huhtamäki.
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NAC Aviation 29, a subsidiary of Danish aircraft lessor NAC Aviation, is looking for $200m-equivalent in the Schuldschein market. The deal surprised some in the market unfamiliar with the company, as did its choice of arranging bank.
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Lonza, the Swiss medical firm, is sounding the market for a $100m seven year loan, following a €870m-equivalent Schuldschein transaction in August.