Largest loan repricing wave sweeps through the market while AI fears drive software sector sell-off
Nord Anglia and INNIO break through 300bps barrier for single-Bs; Team.blue and Dedalus pull deals amid software/tech sell-off

First Brands CEO Patrick James indicted on charges of defrauding lenders
James is accused of multiple fraudulent schemes, with brother Edward James also indicted; they are facing charges on bank and wire fraud

London leveraged finance leaders turn out for melanoma fight
The British Museum played host to the second edition of Leveraged Finance Fights Melanoma (LFFM) London on Wednesday evening, with some 700 attendees from 90 firms across the leveraged finance and private equity helping raise over GBP 1.6m for melanoma research

Loan market steams ahead with new launches as more deals line up in Europe
Flex-downs abound, but Hologic’s sub-300bps spread raises eyebrows, while performance in focus for Archroma, Seqens and Lipton Tea

AI to boost credit markets in 'bullish' 2026 – Janus Henderson head of multi-sector credit John Lloyd
A productivity boost powered by AI is just one of the reasons for investors to be upbeat about fixed income and credit generally, says John Lloyd, global head of multi-sector credit at Janus Henderson, on the latest episode of Credit Exchange with Lisa Lee

Key theme for 2026 will be growth in the loan market – Eagle Point founder Tom Majewski

Growth in the loan market will be an important market driver this year, the founder of Eagle Point Credit Management says on the latest episode of Credit Exchange with Lisa Lee; also shares Eagle Point ressearch that shows LMEs at 2% per year on top of default rates

Repricings comprise half of European levloans’ record year, new money drops to lowest level since GFC
The European leveraged loan market reached its highest yearly issuance volume ever in 2025, according to Debtwire data, driven by repricings

Muzinich and SMBC partner on European loan originations
The partnership will focus on double B and single B-rated new issues in the European public broadly syndicated loan market

Lev loan guidance shift will challenge private credit CLOs, bring more new loan supply – Shenkman
EXCLUSIVE: Regulators rolling back restrictive guidance around leveraged lending could help traditional bank lenders claw back market share from US direct lenders

Investors scrutinise ABF managers' collateral diligence standards
Investors are keeping a close eye on how private credit managers lending against collateral are conducting diligence on those underlying assets, following prominent bankruptcies that have spotlighted the risk of lending against assets

ATLAS SP loan trader moves to Scotiabank
New York-based Andres Rodlauer has taken up a new role as head of US Whole Loan Trading at the Canadian bank

US regulators walk back post GFC leveraged lending restrictions
The OCC and FDIC now say the guidance was overly restrictive and that banks should rely on general risk management principles to manage their leveraged lending activity

BoE highlights weaknesses in CLO market following First Brands, Tricolor
The central bank will soon begin its stress test of private markets, amid concerns around weaknesses in higher-risk credit solutions

First Brands’ disputes raise alarming concerns that all SPV lenders should be watching – Legal Analysis
SPV lenders face potential risks, including substantive consolidation and collateral devaluation

New loan shop Mountain Point eyes move into the CLO market
EXCLUSIVE: The manager, which launched last week with a focus on broadly syndicated loans in partnership with Eagle Point, is considering opportunities in the CLO market.

LME litigation in Europe in focus as Hunkemöller and Selecta bondholders fight back
ANALYSIS: Selecta sees use of creditor cooperation agreement challenged as anticompetitive in court; More LMEs and litigation expected in Europe next year and beyond

First Brands examiner officially approved following negotiations on scope
Key parties agree on scope and budget after negotiations; Examiner to probe allegedly missing funds, review company transactions within USD 7m budget

First Brands Group faces UMB Bank objection to Weil Gotshal, Lazard, and Alvarez retentions over conflict concerns
UMB Bank questions Weil’s independence, dual representation of debtors and non-debtors; Bank cites removal of Global Assets’ independent director and potential SPE conflicts

Janus Henderson warns of underperformance in stressed loan market
The asset manager highlighted ‘pockets of fragility’ as the loan markets bifurcate

Borrowers gear up for January window as activity in 2025 slowly winds down
EXCLUSIVE: Bankers more credit focused as year comes to an end; IAS could come to market next week to fund Novacap's USD 1.9bn acquisition

Investors leverage AI disruption bet with term loan shorts
Short sellers believed to target SonicWall, Internet Brands, Consilio and Epiq; naked shorts used in the leveraged loan market, posing reputational risk to funds and dealers

Carlyle anticipates 4Q25 exit uptick from USD 4bn realization pipeline
Medline IPO not expected in 4Q25; More than USD 1bn raised from UBS private wealth partnership

First Brands' German subsidiaries file for insolvency
Four entities impacted, including Diepersdorf and SMK; Over 1,000 employees' salaries secured for two months

Co-op activity heats up as creditors prep for heavy restructuring slate – EU and Northam Restructuring Insights Report
EXCLUSIVE: Peraton, Resource Label and RDM creditors sign new co-ops: Selecta noteholders file legal challenge to co-op

Finastra's banking software assets pique sponsor interest ahead of NBO deadline
EXCLUSIVE: Non-binding offers due on 11 November; Cinven, Brookfield, Warburg Pincus among suitors