KKR looks to scale multi-asset credit solutions as credit AUM grows
KKR’s credit AUM has grown by 50% since 2021, the firm revealed in a presentation by Christopher Sheldon, the firm’s global co-head of credit and markets

JPMorgan levfin conference suggests market is booming as top trade ideas pitched
Conference panellists include Sir Tony Radakin and Mike Pompeo; overweight trade ideas included CPI Property, Ocado and VMED O2 VFNs, while underweight pitches were Flora Food, Volvo Cars and PolarDC

Goldman Sachs conference flags levfin buoyance with EUR 60bn pipeline and tempting trade ideas
Robust primary leveraged finance market activity expected; pipeline includes EUR 40bn M&A financing

Altice International loans decline while Centrient notes rise – Market Comment
Luxembourg-based telecoms company Altice International’s EUR 400m and EUR 800m Euribor-plus-500bp 2027 loans have declined by 2.625 points this morning (8 September) to 59.75 points from yesterday’s 62.375-mid at close, according to IHS Markit

Bids due today on loan BWIC totalling around EUR 56m
A bid-wanted-in-competition (BWIC) portfolio totalling roughly EUR 55.81m of loans was circulating the market, according to two sources familiar with the matter

First Brands Group judge converts bankruptcy cases to Chapter 7
Judge Christoper Lopez previously found the company’s Chapter 11 plan infeasible; debtors’ proposed order was largely accepted, with the judge incorporating some objecting parties’ requests

August 2026 US Leveraged Loan & High Yield Bond Market Scorecard
Debtwire has released the August 2026 US Market Scorecard, highlighting key leveraged loan and high-yield bond statistics

August 2026 European Leveraged Loan & High Yield Bond Market Scorecard
Debtwire has released the August 2026 European Market Scorecard, highlighting key leveraged loan and high yield bond statistics

First Brands Group judge finds plan ‘unconfirmable under any circumstance,’ indicates Chapter 7 conversion
Plan deemed infeasible, administratively insolvent, with insufficient marketing process; credit bid by secured lenders rejected due to lien issues

First Brands judge tees up Chapter 11 plan confirmation ruling for next week
The plan was highly contested, with creditors concerned with administrative claim repayment; some stakeholders, including the US Trustee, have pushed for conversion to Chapter 7

First Brands lenders extend UCC challenge deadline as confirmation ruling remains pending
Plan confirmation ruling still pending after multi-day trial; plan feasibility, administrative solvency disputed in confirmation fight

First Brands judge takes plan under advisement as objectors lambast recovery structure, key evidence
Debtors need USD 1.9bn from USD 25bn in litigation claims for plan feasibility; objectors dispute plan's fairness and viability, citing unrealistic recoveries

Primary market set to break for summer as new money deals line up for post-summer launch – Europe Loan Digest
At least EUR 19bn of new money deals in the pipeline; Catalent and Groupe Premium close syndication, while Huws Gray, Virgin Media O2 and Altadia were in focus

July 2026 US Leveraged Highlights
After a first half defined by record M&A activity, abundant liquidity and relentless refinancing demand, July marked a clear moderation in US leveraged finance, while the resilience of CLO activity was particularly noteworthy given the sharp reduction in institutional loan supply

First Brands wraps evidentiary portion of confirmation trial, sets closings for 7 August
Expert testifies to USD 20m+ in potential claims, USD 2bn feasible returns by 2028; objectors question expert's approach, estimate veracity, and qualifications

First Brands CEO defends Chapter 11 plan, investigation, and creditor recoveries at confirmation hearing
Investigation finds substantial financial statement manipulation, including overstated revenue; Chapter 7 liquidation estimated to yield USD 115m, with limited creditor recovery

First Brands CEO allowed to testify in confirmation fight, bankruptcy judge rules as trial kicks off
Judge Christopher Lopez agreed to allow Charles Moore to testify over lender objections; Onset Financial and others argued that Moore did not have expertise or familiarity needed

T. Rowe Price launches private market interval fund with Goldman Sachs
The T. Rowe Price Goldman Sachs Private Markets Fund will allow individual investors to access private credit, leveraged loans and other private market opportunities

The broad software selloff has largely ended as market differentiates – Elmwood
EXCLUSIVE: The broad software selloff has largely come to an end, according to Megan Saltzman, portfolio manager at Elmwood Asset Management

Aston Martin enters drop-down deal with HPS, Victoria gets more than 90% support for 2028s extension – Europe Distressed Digest
Aston Martin’s bonds came under pressure after a report emerged on 17 July that the carmaker was in talks with HPS Investment Partners over a potential asset-backed financing that could prime existing creditors

First Brands looks to sell non-debtor subsidiaries' interests for USD 12m to Husqvarna Business Support
Under the proposal, the sale is required to close by 31 July; the deal is part of First Brands’ effort to sell various business lines, assets

Victoria notes rise as Santé Cie loan slides – Market Comment
French home medical assistance provider Santé Cie’s loan is today marked at 73.5-mid, following a two-point drop from Friday’s 75.5-mid at close on IHS Markit

Nick Fall returns to Barclays as co-head of US leveraged finance capital markets
Fall, who joined the bank after a five-year stint at Goldman Sachs, officially started in the role this week

Sante Cie’s most recent financials indicate robust liquidity
French homecare firm had EUR 87m cash and EUR 150m undrawn RCF; in May, LTM reported EBITDA at EUR 162m, PF adjusted EBITDA at EUR 183m

Sante Cie hires Rothschild and Eight Advisory following disclosure of PNF probe
EUR 46m reported is amount in frozen accounts, not potential fine; company struck reassuring tone during call with lenders