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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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Elecnor pushes out duration with SLL and private placements
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Several companies are repaying their floating rate Schuldscheine early to reduce their liquidity buffers
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UK remains top spot for deals but Germany and France also taking off
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USPP market sees experienced banker leave his post at UK bank
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New debt structure will allow Norwegian wind project to draw-down more debt
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Modha had been with Barclays for more than 10 years, including a stint in the CEO's office