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Direct lenders take the initiative as banks step back
In recent weeks, private credit and direct lenders have brought more certainty to borrowers as capital markets were roiled by tariff chaos
Predictions 2025 would be a 'good vintage' dashed, but better deals could still advance
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Managers have had to crank up spreads to lure investors into euro deals since early August volatility
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New appointment has a remit to grow firm's Sweden business, including green finance
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Several managers are out with deals in line with last month’s levels as market rallies after early-August volatility
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Tranches from both managers priced up to 75bp wider than deals in early August
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Market association supports Ucits eligibility in response to ESMA call for evidence
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Whether due to illiquidity or volatility, the promised surge of reset activity will arrive next month at the earliest
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