-
Goldman Grows Bet on Private Credit with Kennedy Lewis Investment
Expect to see more deals like this as higher rates make the markets tougher for private credit managers.
-
AGL, Barclays and ADIA join forces to invest in private credit
AGL Credit Management (AGL), Barclays and the Abu Dhabi Investment Authority (ADIA) have teamed up to invest in private credit. AGL has…
-
SBB’s Tender Offer Helps Support Its Bond Prices
SBB (Samhällsbyggnadsbolaget i Norden AB) is a Swedish real estate company that owns public real estate across the Nordic region – including…
-
Fintech Octane Raises $380m ABS To Fund Dirt Bike And Snowmobile Loans
Octane – Grown Into A Category Leader Octane Lending Inc (“Octane”) has issued a $380m securitization to finance loans that it makes…
-
Massive US Fintech Opportunity As JPMorgan Steps Up Securitization
JPMorgan is reported to be stepping up its mortgage, auto loan and credit card securitization programs – ahead of the Federal Reserve…
-
WeWork Misses Note Payment To Begin Bondholder Negotiation
WeWork has elected to not pay due interest on five notes. This comprises $37.3m in cash and $57.9m in PIK notes. The…
-
Gramercy Lends $552m To Fund Environmental Litigation
US-based emerging-markets-focused hedge fund Gramercy has issued a $552.5m secured loan to London-headquartered law firm Pogust Goodhead. This is the largest litigation…
-
Wells Fargo and Centerbridge Join Forces To Launch $5bn Private Credit Fund
Wells Fargo and Centerbridge Partners are launching a $5 billion private credit fund. The strategy will target non-sponsor-backed North American middle market…
-
What $100 Oil Means For Credit Markets
Brent crude oil prices topped $95 per barrel today – continuing their 30% rally since June. Saudi Arabia and Russia decided to…
-
Fast-Food Chain Subway In $5-Billion Whole-Business Securitization
Subway, which agreed to be bought by private equity firm Roark Group last month, is reported to be planning to raise almost…