Second-tier assets need a ‘little bit of sobriety’ on valuations to trade, added DeAngelo’s fellow global co-head of corporate finance, Jay Novak.
Despite low payment defaults, signs of stress could see more firms get into difficulty next year, according to KBRA. Also, Andalusian provides a debt package for a music rights platform. Here's today's brief for our valued subscribers only.
Effective 1 January, state insurance regulators will have more leeway to challenge credit ratings
Private real estate veteran Sonny Kalsi is to lead a growth strategy for Sun Life Capital Management, which aims to see its assets under management double to $600bn within five years.
With the first details of the BoE stress test now emerging, firms had better get ready for a surge in interest from regulators.
Refinancings continue to make up the majority of European corporate credit deals, despite a recovery in M&A. Also, Monroe Capital closes its third CLO of the year. Here's today's brief for our valued subscribers only.
The UK’s central bank has published details of its upcoming stress test of private credit markets and confirmed some of the firms taking part.
Debt funds continue to lead the market, says Houlihan Lokey’s midcap monitor.
Recent high-profile bankruptcies in consumer credit companies are putting industry observers on edge.
Capital solutions heads Alice Cavalier and David Brooks are thinking beyond short-term cycles to support business that are 'unloved... but good credits'.