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◆ Supranationals and agencies prepare to achieve the previously unthinkable ◆ Leveraged loans versus private credit and their effect on CLOs ◆ A new dawn for dollar covered bonds and UK equity market structure
Bot claims funding is ‘cheaper than peers who borrow from independent banks or credit funds’
Ferrero International markets €300m deal
Margins widen as lenders weigh up AI disruption to portfolio companies
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Stress will force managers to evaluate workout strategies including debt-to-equity swaps
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Though the macroeconomic picture makes grim viewing for many businesses, conditions could prove ideal for alternative strategies in private debt
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Fund raised $11.7bn of equity commitments with additional $3.5bn in expected leverage
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Vehicle closes later than planned but above target
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Manager appoints global and North American heads of investor solutions and capital raising
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Canadian LPs are among several large investors looking to expand direct investing