Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
Rare credits are stepping in to pick up the pre-summer slack, with unusual financial and corporate names returning to a market hungry for new supply. -
Essentra, the UK speciality fibres and plastics maker, has closed a US private placement deal at $250m.
-
Several Schuldschein issuers have more than tripled their initial targets for deals, with arrangers saying many have gone subject just days after launch. The deal outcomes show a chronic supply and demand imbalance, as the market comes to terms with a persistent drop in deal flow.
-
Enervie, a German energy supplier, has completed a €170m refinancing package, taking the unusual step of swapping a single syndicated facility for a collection of different funding sources.
-
German telecoms and internet company United Internet has issued one of the largest Schuldschein deals this year, raising €750m according to market sources, more than doubling its initial target of €300m.
-
French telecoms firm Iliad has sold €500m of Schuldschein debt, with a novel extension clause attached to one tranche. But due to the investor-friendly terms of the extension language, there was no push-back from lenders.
