Debtwire
Senior direct lending strategies dominate private-credit fundraises in 2024
Despite challenging fundraising conditions for private market strategies persisting into 2024, the past year has seen private-credit funds break new…
Read MoreThe serial issuer phenomenon: mastering the art of repricing
An increasingly tight leveraged finance environment prompted borrowers to visit the loans market multiple times in 2024 in order to…
Read MoreReaping the rewards: 2024’s dividend recaps bonanza
Dividend recapitalizations are making waves in the institutional leveraged loans market. In 2024, the total volume of leveraged loans raised…
Read MoreTwin peaks: loans and bonds hit new milestones in 2024
Loan issuance reached new heights in 2024. The Americas added USD 1.02trn in 4Q24 for a full-year total of USD 3.8trn, the…
Read MoreRefinancing rockets, new money rises: inside 2024’s institutional loan market
The institutional loan market in 2024 has witnessed a dramatic resurgence, marked by a substantial increase in refinancing activity and…
Read MoreUnder pressure: leveraged loan defaults are spiking
Annual loan defaults are soaring, with this year’s rate of 4.7% surpassing 4.5% seen during the economic slowdown in 2020…
Read MoreIndustrial strength: surging volumes and falling costs signal robust 2024 DebtDynamics North America
Volumes in the industrials, agriculture, and chemicals sectors have seen a significant surge in the year to date (YTD) compared…
Read MoreLBOs on the rebound: How leveraged loans are stealing the spotlight from direct lenders in 2024
High interest rates and uncertain market conditions slowed M&A activity among private equity firms in 2023. However, 2024 has seen…
Read MoreShaken and stirred: inflation, wage hikes and tight wallets are sinking restaurants and bars
The consumer services sector has seen a significant uptick in Chapter 11 bankruptcies in recent months, driven largely by filings…
Read MoreFeeling the pinch: loan margins and OIDs are tightening
Despite a slight rebound in June, loan prices – both margins and original issue discounts (OIDs) – have continually tightened…
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