LevFin markets show resilience as strong technicals cushion rising macro volatility – 9M26 LevFin Highlights
Leveraged finance markets showed resilience during the first nine months of 2026 as they navigated a shifting geopolitical and macroeconomic backdrop, alongside AI-driven shocks

M&G opens private credit strategy to UK workplace retirement channels
The new LTAF product launches with GBP 74m to start and will offer individual investors exposure to private credit investments selected with positive ESG qualities in mind

Primary feeds new paper as Everllence and Iqony join syndication – Europe Loan Digest
Compleat Food, Cheplapharm and StubHub print on wide end of talk; Nord Anglia, Galileo and VFS report strong numbers

Bids due today on loan BWIC totalling around EUR 82m
A bid-wanted-in-competition (BWIC) portfolio totalling roughly EUR 82m of loans is circulating the market, according to sources familiar, with bids due by 1pm UK time on 8 October

Global issuance remains ahead YoY despite 3Q26 slowdown – 9M26 Loan Highlights
Loan issuance across the Americas, EMEA and Asia-Pacific (APAC) regions reached USD 5.065tn-equivalent in the first nine months of 2026 – 1.6% higher than in the corresponding period of 2025, although issuance slowed markedly in 3Q26

GLAS appoints CTO to build out AI strategy for private credit markets
Loan administrator GLAS has hired former Temenos executive Sairam Rangachari into the newly created role of chief product and technology officer to lead a new AI strategy for private credit markets 

Higher inflation and wider credit spreads weigh on European markets - Europe Macro View
Inflation pressures and geopolitcal uncertainity dampened the debt markets

Lenders fend off another anti-coop language attempt while InPost and Paramount close jumbo deals – Europe Loan Digest
InPost removes anti-coop language and tightens aggressive docs; Terras, Sunday Natural, Plenergy make successful debuts

Zorlu Enerji bondholders appoint Moelis, Air Baltic’s DIP financing heavily contested by handful of bondholders – CEEMEA Distressed Digest
Trans-Oil bonds weaken, upcoming FY results in focus; uncertain bondholder distributions after R-Logitech signs SPA with A.P. Møller

Megadeals propel M&A toward nine-month record despite third-quarter slowdown – M&A highlights 9M26
Global M&A activity flirted with record levels in the first nine months of 2026, although a marked third-quarter slowdown and stagnant deal count exposed an uneven market – but while M&A volume surged, deal count declined slightly, suggesting that confidence in striking larger transactions remains strong, while smaller deals are taking longer to complete amid geopolitical and macroeconomic uncertainty

Peranel offers enticing pricing and strong brands, but regulatory scrutiny weighs on buysider appetite – Loan Preview
Sector tailwinds underpin future growth; pushback against aggressive covenants

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

CVC hires TPG's Sisitsky as future co-CEO as Rob Lucas plans to step back
CVC’s CEO Rob Lucas will step back from his role, to be replaced with former TPG president Todd Sisitsky and current CVC President Peter Rutland as co-CEOs, according to a company announcement

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

Banks, managers add staff for private credit syndication
Banks see private credit syndication as a way to reclaim fees as more borrowers tap both private credit and broadly syndicated loan markets, Mission Staffing managing director Eric Vaheb told Creditflux

North American private credit fundraising tumbles, ceding ground to global strategies—S&P Global
While fundraising boomed for European and multi-region private credit strategies, private credit focused on North America dropped 13% year-over-year

Foreign currency movements erase credit net returns at CPP Investments
Net returns across private and public credit fell to 3.7% in fiscal 2026 from 14.4% in 2025, the Canadian institutional investor reported

Secondaries emerge as preferred solution to liquidity and deployment pressures – Private Credit Comment
With a subdued M&A market stymying sponsors’ exit opportunities, and confronted with a more challenging backdrop for fundraising, some direct lenders in Europe are eagerly exploring private credit secondaries as a new avenue that can bolster liquidity for the asset class

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

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

Golub adds managing director to European direct lending team
Timothée Delisle previously held positions at firms such as Morgan Stanley, Alcentra, BlackRock, and HSBC

Blackstone, Wellington and Vanguard collaborate on all-in-one private market vehicles for wealth channel
The three asset managers have launched two products that will give individual investors exposure to a mix of private market assets within a single allocation

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

GoldenTree hits USD 2.75bn hard cap for sophomore private credit fund
The firm’s employees and partners committed USD 50m to the fund, the company announced

Private credit and direct lending to grow their share of the loan market—LMA report
A new LMA survey of 234 loan market professionals found that 43% believe private credit and direct lending will grow their share of the EMEA loan market by 2040