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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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The headcount of the practice, established in 2017, has tripled in the past few months -
US president Joe Biden's bipartisan infrastructure bill is good news for the muni bond market, but renewable energy financiers want more
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More investors self-originating deals may destroy the benefits of bilaterals
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Wealth management platform FNZ raises £1.5bn of private credit with four direct lenders
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£300m facility will be linked to sustainability and gender diversity targets for the first time
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UK construction materials firm looks to repay PPs early via HY market
