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Cov-lite loans push up tech companies down under
Who has been benefiting from covenant-lite leveraged loans from Australia this year?
Blue Sky enters receivership after Oaktree loan covenant breach
Future is unclear for the Brisbane-based asset manager as receivers are appointed after ‘significant instability and uncertainty’ at Blue Sky.
Big opportunities at the small end
Australia’s unusual banking set-up has kept private debt providers at bay, but opportunities are emerging at the smaller end of the market.
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