The European Leveraged Loan Default Monitor provides a high-level view of default and distressed activity among companies in the Morningstar European Leveraged Loan Index. Topics covered include default rates capturing payment defaults and liability management exercises, and forward indictors from distress ratios to downgrade activity.

The chair of Partners Group says private credit defaults could double in the next few years.

The European Leveraged Loan Default Monitor provides a high-level view of default and distressed activity among companies in the Morningstar European Leveraged Loan Index. Topics covered include default rates capturing payment defaults and liability management exercises, and forward indictors from distress ratios to downgrade activity.

The use of liability management exercises (LMEs) by European borrowers is increasing.

The European Leveraged Loan Default Monitor provides a high-level view of default and distressed activity among companies in the Morningstar European Leveraged Loan Index.

S&P said it considers Anastasia to be in default because of a failure to pay its obligations “in a timely manner.”

The share of at-risk issuers designated “Weakest Links” in the European leveraged loan market declined slightly in Q3, while none of these credits defaulted.

Survey respondents say the Fed appears to have achieved a soft landing, bringing inflation down without triggering a recession.

Distressed investors noted the rise of co-op agreements in restructurings to counter rising sponsor sophistication.

The Dallas-based first-time manager has collected $45.5 million for its debut junior capital fund.

Larry Holzenthaler, senior alternatives strategist at First Eagle Alternative Credit, shared his thoughts on the private credit market with LCD.

At the SuperReturn conference in Los Angeles, investors shared tips to help GPs raising funds rise above the pack.

Mid-market PE funds in the US distributed more than their larger peers

Entrants post-SVB era precipitated a thaw in the frozen venture debt market.

Ares taps talent from a Florida regional bank to expand in asset-based financing

Goldman Sachs expands European private credit strategies to wealthy individual investors

A growing swath of troubled corporate borrowers that need to restructure their liabilities may create opportunities for investors that specialize in distressed debt, says the head of credit at Charlesbank Capital Partners.

Despite a strong year in deal count that surpassed pre-pandemic levels, PE investors in healthcare services face challenges ahead.