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There is no crock of equity gold at the end of the rainbow
Creditors can and will be bumped down the pecking order at the time when it matters most
Restructuring takes step towards conclusion
Public markets have proven to be often just as illiquid, leading to a convergence in approach
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Like Renk and Douglas, Galderma has turned to the loan market over bonds after floating
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German beauty retailer’s IPO triggers overhaul of debt structure, ratings may go
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Volatile conditions and bigger deal sizes mean private lending is facing more risk than ever
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◆ Kenya deal ducks default but two more countries in crosshairs ◆ Transition finance after historic Japanese bond sale ◆ How the IPO revival is a boon for the loan market
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Marlborough Partners appoints Buckland as chairman to expand in European credit
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Private credit has world at its feet, White & Case report highlights, but mainstream market is recovering appetite too