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Tightening trend in private credit pricing has reversed since April 2, but reliability is funds' trump card
The asset manager sees higher demand than ever as direct lending proves solid during a crisis
Loan bankers say that some sectors look particularly shaky after Trump tariffs
Moody's says the prevalence of PIKs could lead to bondholders wanting structural risk mitigants
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Blackstone out with two trades but overall issuance could suffer
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The Manchester based company was advised by debt specialist Alvarez & Marsal
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Direct lenders take the initiative as banks step back
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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 Italian gaming group has amended and extended the facility initially completed in 2023
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BWICs spike and spreads widen but market remains constructive