Travelodge working with Freshfields as bondholders query capital structure
Hotel operator has historically worked with Kirkland & Ellis; debate regarding whether lease reprofiling alone will achieve sustainability

Franklin Templeton open to further acquisitions
Franklin Templeton lacks scale only in infrastructure, on debt and equity sides; looking to balance proportion of US assets, interested in European and Asian expansion

Bond realities and credit crowding
Global sovereign bond yields are going haywire. US Treasury Secretary Scott Bessent is furiously trying to bring down borrowing costs, and, as we go to press, the Treasury Department said it would increase its extraordinary bond buying up to USD 6bn

Credit markets brush off government bond fears
The world is playing one big game of chicken, and it’s hard to say who will break first as the pressure builds. The US Treasury Secretary has challenged the market to bet against him as Treasury yields spike — but financial markets are still chugging along, unable to decide who is bluffing

In times of uncertainty and flux, clarity and surefootedness from policymakers are essential
Market interventions could thwart already-fragile bull run, but fiscal restraint is a no-go with voters, writes John West

Credit funds at a glance – September 2026
Our roundup of top performers, fundraising and moves in credit

KKR adds global credit and markets MDs in Europe
The alternative asset management giant has hired BofA’s former head of EMEA corporate debt capital markets, alongside a managing director in JPMorgan’s M&A group

Neuberger’s CIO says to focus on real interest rates
PODCAST: The rise in real yields because of government deficit spending, alongside ongoing huge demands for AI investment, are underpinning the rise in interest rates, says Ashok Bhatia, chief investment officer at Neuberger, on the latest episode of Credit Exchange with Lisa Lee

Carlyle enters fundraising ‘super cycle’, racking up USD 30bn in inflows for 1H
The alternative asset manager also expects to be back in market with its flagship credit opportunities fund

Walkers further bolsters capital markets team with new partner hire
EXCLUSIVE: Law firm Walkers has added a new partner to its Dublin-based finance and capital markets team, as well as hiring two new associates and making two internal promotions

Buyout Highlights – Overview of Europe Buyout and Financing Trends 1H26
The European Buyout Highlights 1H26 shows that activity rebounded strongly in the first six months of the year, with aggregate sponsor-backed deal value rising 86% year over year to EUR 110.2bn, signaling a recovery in large-cap M&A despite a softer transaction environment overall

US SRT issuance volumes should increase in 2H – Crescent Capital
EXCLUSIVE: The firm projects 2026 global SRT issuance to hit USD 45bn after the first half of 2026 logged a record USD 18bn of issuance activity, Penny Tan, a senior director focused on bank capital solutions, told Creditflux

Chenavari sees investment staff departures as credit fund actively hires
Investment employee departures occurred in recent months; Nicolas Verle, Nicholas Yu, and Aidan Reynolds recently joined Chenavari

Consumer giants' portfolio overhaul pushes M&A to near-record highs
Unilever leads consumer giants’ retreat from underperforming categories; dealmakers shift attention toward fast-growing categories in beauty, health and wellness

Dispersion is creating value in credit despite tight spreads – PIMCO
PODCAST: While index spreads remain tight, dispersion is quite elevated, which rewards those who do the credit work, says Lotfi Karoui, multi-asset credit strategist at fixed-income behemoth PIMCO, on the latest episode of Credit Exchange with Lisa Lee

Lenders line up to join Barclays on Persistent Systems-Nagarro acquisition loan
SBI, HSBC, Citi, and MUFG may join syndicate; deal valued at USD 1.4bn, with EUR 81 per share offer price

Credit funds at a glance – July 2026
Our roundup of top performers, fundraising and moves in credit

Co-head of Permira Credit says to brace for more complex, late-cycle environment
PODCAST: While the market is clearly late in the credit cycle, it is not yet obviously at the turning point, Ariadna Stefanescu, co-head of Permira Credit tells Lisa Lee on on the latest episode of Credit Exchange

Hogan Lovells Cadwalader launches with eight CLO partners
EXCLUSIVE: The newly merged law firm now has the largest structured finance legal team in the world, with 40-45 partners globally in leveraged finance and fund finance

AI outlook one of several key macro calls for investors – BlackRock midyear forecast
‘Scarcity versus abundance’ forms the key theme for the BlackRock Investment Institute midyear global outlook, which was published on Tuesday following the institute’s two-day forum earlier in June

Bain Capital's head of European credit says he’s still a strong believer in services
PODCAST: Speaking with Lisa Lee on the latest episode of Credit Exchange, Gauthier Reymondier says he is still a “strong believer” in the European services sector

Carlyle’s deputy CIO of credit says inflationary cost pressures starting to emerge
PODCAST: Inflationary impacts are beginning to emerge and are hard to ignore, although they remain manageable for now, according to Carlyle's deputy CIO of global credit Alex Chi on the latest episode of Credit Exchange

Rate market dispersion and divergence is the theme for this year: El-Erian
Speaking at this year’s Global ABS conference, Allianz’s chief economic adviser and the former CEO of PIMCO Mohamed El-Erian said the most important issue currently facing the market is the sources and uses of funds

Don’t just sit there waiting
Credit markets are evolving and innovating. Not only are they dealing with transformative artificial intelligence technology, they are coming out with new products, investing in new ways and dealing with a changing regulatory backdrop

Credit funds at a glance – June 2026
Our roundup of top performers, fundraising and moves in credit