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Sub-$50m Ebitda private credit borrowers under financial pressure prior to tariff volatility
Direct lenders take the initiative as banks step back
In recent weeks, private credit and direct lenders have brought more certainty to borrowers as capital markets were roiled by tariff chaos
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Banks already working on deals in the industrials and chemicals sectors
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Founder Matthew Moulding injects £60m while extending a term loan and revolver
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Resets and refis prominent in pipeline as loan market softens, offering respite from repricing wave
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The decision made by the High Court was upheld on Monday
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