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Sub-$50m Ebitda private credit borrows 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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The books will open on Friday morning for the Spanish frozen bakery’s second attempt at a listing, with new cornerstone investor for small part of the deal -
Deal means 2024 will break 2021's record for middle market CLO issuance
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Fair Oaks first listed the product in Germany
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UK oil and gas company issues first bond after huge acquisition
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Both managers had to widen guidance in certain parts of the capital stack
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The secondary market has tightened more and is riskier than it looks
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