Crusoe preps USD 14bn bond issue for Texas data centre expansion
Morgan Stanley, Goldman Sachs on bond issue for Abilene buildings 9 and 10; Stargate campus to reach 2.1 GW compute capacity, backed by multiple investors

Direct lenders trade USD 5bn Dun & Bradstreet private credit loan at 95 cents on dollar
EXCLUSIVE: The giant USD 5bn unitranche, which brought together more than 20 direct lenders to back Clearlake’s acquisition of Dun & Bradstreet last year, is now being shown to private credit managers at a discount

JPMorgan hires Morgan Stanley executive to lead global secondaries practice
William Boyle previously served as Morgan Stanley’s global head of private capital advisory; new hire bolsters JP Morgan’s recently formed private capital advisory unit

Morgan Stanley caps semi-liquid private credit fund redemptions at 5% limit
Investors rushing to exit the perpetual nontraded BDC will get less than half of their money back. Redemption requests surged to approximately 10.9% this quarter, an investor letter shows

Ex-Morgan Stanley head of originations starts as Octagon’s head of private credit
EXCLUSIVE: The new hire will lead the liquid credit shop’s new direct-lending strategy, launched earlier this year

Former Morgan Stanley MD, ex-CalPERS CIO launch opportunistic credit shop
The new firm, Square Nine Capital, has offices in New York and Los Angeles

Clearlake seals largest new direct lending deal for Dun & Bradstreet
Ares leads deal, taking USD 1.5bn; Morgan Stanley, Clearlake Capital Markets, Golub and Blue Owl also helped arrange the largest new unitranche ever

Clearlake, direct lenders plan to ink USD 5bn private credit loan for Dun & Bradstreet
EXCLUSIVE: A group of direct lenders led by Ares are wrapping up a USD 5bn term loan and USD 500m revolver, prepping to sign commitment documents within hours

Clearlake abandons bank-led option for a private credit loan to replace Dun & Bradstreet financing
EXCLUSIVE: The private equity firm is going with the Ares-led private credit loan rather than tapping banks to raise debt in the capital markets 

Morgan Stanley launches European direct lending fund open to Europe's wealthy
The investment management arm of Morgan Stanley hopes to leverage its US wealth experience to distribute the new product to European clients  

Oaktree picks Morgan Stanley managing director for credit team
Oaktree Capital Management has hired Morgan Stanley's Loris Nazarian as managing director and assistant portfolio manager

Arrow Global names new senior-level hires
London-based asset manager announces new CIO of credit and direct lending

Opale selects three funds for tactical credit investment strategy
Digital platform for French investors launches first private debt investment strategy

Morgan Stanley snags Credit Suisse structuring veteran
Morgan Stanley has hired a structured credit veteran to run its corporate credit financing business in EMEA

Dealer list builds for year's first credit event auction
A credit event auction next week to settle Talen Energy Supply CDS contracts looks set to have 10 participating dealers, with two banks having been added to the regular list

Goldman builds out exotics strategy amid tranche market high
The index tranche market is gaining support, with Goldman Sachs adding to those building up their presence, officials at the bank confirm

Credit funds at a glance (August 2021)
A round up of fundraising and people moves in credit

Credit funds at a glance (June 2021)
A round up of fundraising and people moves in credit

Credit funds at a glance (May 2021)
A round up of fundraising and people moves in credit 

SC Lowy hires illiquid credit trader from Morgan Stanley
SC Lowy has appointed a Morgan Stanley official to its European credit trading team based in London

Europcar CDS auction to include loan deliverables following challenge
An auction tomorrow to settle CDS contracts referencing Europcar Mobility Group will include a term loan facility agreement as a deliverable obligation, following a challenge to the initial list

Morgan Stanley to buy Eaton Vance for $7 billion
Morgan Stanley is set to buy Eaton Vance for an equity value of $7 billion as part of a broader push into wealth management

Dealers power up as tranche trading hits new heights
A big year for index tranche trading has taken volume within grasping distance of full-year 2019, a post-financial crisis record, with a deepening pool of dealers adding support

Morgan Stanley expands index tranche trading with London hire
Morgan Stanley has added to its index tranche trading prowess by hiring a London-based market maker for the asset class as well as credit options

Ex-Morgan Stanley CLO head joins blockchain firm to "change world of finance"
A former Morgan Stanley veteran has resurfaced at Figure, a San Francisco-based firm bringing blockchain technology to financial markets