Refine Search
Article Categories
Strategy Tags
- Direct lending (9)
- Emerging markets (7)
- High yield bonds (18)
- Investment grade credit (5)
- CLO (2)
- Distressed debt (16)
- Leveraged loans (6)
- Synthetic/SRT (22)
Geography Tags
-
Global Loan Highlights 1Q24: Don’t call it a comeback
30 days ago
Loan refinancing share hits historic high, but IG issuance stymies YoY global growth -
Dallas retirement system allocates USD 60m to credit funds
2 months ago
The Dallas Employees' Retirement Fund has allocated USD 60m to three separate credit funds as the Texas-based system grows its allocations to private credit and distressed debt -
Connecticut Retirement Plans and Trust Funds commits more than USD 600m to credit manager
3 months ago
Connecticut Retirement Plans and Trust Funds has allocated approximately USD 625m to pension funds in the state's private credit portfolio -
Private credit investors hail ‘golden age’ of rapid growth and low regulation
5 months ago
The “golden age” of private credit has arrived as investors take market share from banks, according to Scott Rosen, partner at Ares Management -
Lumen Technologies ad-hoc group preps competing proposal
5 months ago
The refinancing of Lumen Technologies, currently held by 1311 different CLOs with a combined principal balance of USD 3.8bn, took a new twist today as details of a competing proposal emerged -
Private credit's 'golden age'
6 months ago
The "golden age" of private credit has arrived, according to speakers at the IMN's ABS East 2023 conference -
Fidelity launches first European direct lending fund
6 months ago
Fidelity International has launched its first direct lending fund in Europe with a loan to Dutch dental services firm Clinias Dental Group -
T. Rowe and Oak Hill launch new BDC
6 months ago
The BDC is another indication of the growing demand for access to private credit funds from individual investors -
Casino failure to secure requisite default waivers, non-payment of social security charges and taxes prompt questions on CDS triggers
9 months ago
Casino Group announcements that it failed to obtain the requisite consent from its bondholders and RCF lenders to effect a payment standstill and to waive any defaults for the duration of its conciliation proceedings and that it deferred payment of its tax and social security liabilities have led market participants to submit credit event requests to the Credit Derivatives Determination Committees (DC). -
Loan Highlights 2Q23: Running aground
9 months ago
The global loan market endured a bleak first half of the year, with the overall 1H23 volume falling 28% year-on-year (YoY) to $1.9 trillion, the lowest showing since 2012. -
Egypt works its Sharm on credit markets
1 year ago
Egypt looks to be reaping the benefits of hosting the Cop 27 climate summit in Sharm el-Sheik, with the country’s credit spreads on a sharp rally this week -
Nassau launches CFO backed by fund LP interests
1 year ago
Nassau Alternative Investments has launched its second collateralised fund obligation -
Russia CDS auction deliverables list takes shape after sanctions licence
1 year ago
Russian Federation bonds cleared by Euroclear may be the only deliverable obligations to settle sovereign CDS contracts referencing the country, the Emea Determinations Committee has said, although it is also considering Clearstream listed bonds as it moves forward with preparations for a credit event auction -
Russia triggers failure-to-pay credit event
1 year ago
The Russian Federation has triggered a failure-to-pay credit event on sovereign bonds, the Credit Derivatives Determinations Committee has ruled – marking an historic moment that caps off a long run of deliberations on the country’s international debt since it invaded Ukraine on 24 February -
Russia default claims resurface to shorten timeline to possible credit event
1 year ago
Russia is back in the spotlight amid renewed sovereign debt default claims, with the Credit Derivatives Determinations Committee asked once again to rule whether the country has triggered a failure-to-pay credit event -
Russia looks to avoid default as deliverable list points to 27-cent recovery
1 year ago
The Credit Derivatives Determinations Committee has published a preliminary list of bonds it deems deliverable into Russian Federation CDS contracts, even though reports suggest Russia may have avoided default with just one day left on the country's grace period for overdue international bond payments -
Credit rallies on Fed and BofE rates signals, but starting gun fires on tapering
2 years ago
Credit and equity markets have responded well to the US Federal Reserve unveiling much anticipated plans to begin tapering asset purchases, while vouching it will stay patient on hiking interest rates. The Bank of England followed this on Thursday by holding its rates at 0.1% -
US debt talks and German real estate regain composure after damaging wrangles
2 years ago
Adler Group is ending on a firmer footing what has been a rocky week for the German real estate company, as credit heads into the weekend unmoved by developments in the US on raising the country's debt ceiling -
French equipment rental firm gets big lift on Q1 results
2 years ago
Loxam, one of the widest trading names in the iTraxx Crossover universe, is leading index constituent tighteners on Wednesday after posting first quarter results showing improvement in revenue and ebidta -
CDX HY roll calculations shift as new name change added
3 years ago
A sixth CDX HY constituent change has been added to the provisional list for the index's roll on Monday from series 35 to 36 -
CDX HY to include name with no CDS as new liquidity rules shape portfolio
3 years ago
Changing name selection criteria for the CDX HY is set to produce an unusual result at the forthcoming roll into series 36, with one borrower constituent entering the index that as yet has no CDS attached -
No auction needed for Zambia CDS, says DC
3 years ago
Investors will have to physically settle Republic of Zambia CDS as there are not enough contracts outstanding to merit a credit event auction, the Emea Determinations Committee has ruled -
Zambia triggers failure to pay credit event
3 years ago
The Republic of Zambia has triggered a failure-to-pay credit event, he EMEA Determinations Committee has ruled -
Ensco CDS leap wider on credit event trigger
3 years ago
CDS contracts referencing Ensco International, a Houston based subsidiary of offshore driller Valaris, have shot wider after the Americas Determinations Committee ruled the company has triggered a bankruptcy credit event -
Frontier bankruptcy dials up pressure for 90 CLOs
4 years ago
Nine CLO managers hold $217 million of Frontier Communications’ debt across 90 CLOs, as the telecommunications company filed for Chapter 11 protection in the US Bankruptcy Court Southern District of New York
Want all the latest news, comment, analysis and data?