Loan Note: Australian firm responds to regulatory pressures; tariff impact not immediate but will add to stress

Australia's HMC Capital pledges to be a market leader in transparency as regulators take a close interest in the asset class. Plus: borrowers face secondary tariff impacts; and Oaktree notes three areas of opportunity.

They said it

“Weak credit protections, economic uncertainties and risky LBO issuers will keep distressed exchange-related defaults elevated this year”

A takeaway from Moody’s Ratings quarterly update on corporate defaults and recoveries in the US

First look

Greater scrutiny: Australian fund manager responds to regulatory concerns. Source: Getty

Australia’s mini-Blackstone to ‘open books’ 

HMC Capital, the Australian Securities Exchange-listed fund manager, will aim to be a “market leader” in transparency and disclosure, ahead of an anticipated increase in regulatory scrutiny on Australian private credit.

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