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

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

M&A volume leap 20% to USD 1.38tn in first quarter of 2026
Even the Iran conflict has not arrested momentum among larger deals. A mammoth USD 122bn capital raise from OpenAI closed on the last day of the quarter, according to Mergermarket data

AI blockbuster deals surge as Middle East conflict test dealmaker confidence
Mergermarkets M&A Highlights 1Q26: Global M&A volume jumped 22% to the second highest start ever

ABS primary braves geopolitical uncertainty as spreads start to feel pressure – European ABS Weekly Digest
The European ABS primary market mostly shunned geopolitical risk this week as seven deals priced, two of which were pre-placed

Eurazeo expands evergreen push across Europe as wealth inflows rise 18%
EUR 922m in wealth inflows in 2025, up 18%; Two evergreen launches in 2025, wealth AUM now EUR 5.8bn

Altice France new capital structure starts trading as investors consider M&A potential
Restructuring completed as secured debt trades; break-up of Altice France business possible through sector consolidation

HSBC AM launches evergreen fund targeting trade, working capital assets
The new private credit strategy will invest in assets such as receivables and payables finance, trade loans and other instruments around the world

AlbaCore hires four to launch infra debt strategy
The European credit specialist jumps into the infrastructure space for the first time, tapping the former head of infrastructure debt at UBS Asset Management to lead the effort

Buyout Highlights - Overview of Europe Buyout and Financing Trends 1Q25
Leveraged loans are again the main source of financing for LBOs in Europe, providing 65% of the total volume issued in 1Q25  

Invesco raises more than USD 700m for distressed debt, special situations investments
Invesco Credit Partners III has yet to hold a final close and has already surpassed the size of its predecessor

Crestline raises USD 3.5bn for sponsor and nonsponsor-backed direct lending
The firm held a final close for its Crestline Direct Lending Fund IV

Fund performance
August returns were largely positive for credit hedge funds, as 88% of those listed in the Creditflux database reached into the black

Fund performance
CLO funds dominate again as they take 18 spots in top 30 list

Allianz gears up to launch European credit impact investing fund
Allianz Global Investors filed regulatory documents in Luxembourg this week for a new impact investing fund, the latest in a string of similar strategies

Credit PMs remain gloomy in latest IACPM survey
Survey participants in the latest IACPM Credit Outlook Survey believe the euphoria seen in global financial markets during the last few months of 2023 was overdone

Fund performance
Q4 has kicked off with structured finance funds leading the way in the Creditflux league tables, as the category index reached 0.61%, and all but one fund made positive returns.

BNP Paribas launches climate impact infrastructure debt fund
BNP Paribas Asset Management has launched the BNP Paribas Climate Impact Infrastructure Debt fund as interest in impact investing and ESG-related causes continues to grow around the world

Amundi launches impact strategy aiming at agri
European asset manager Amundi has launched an impact investing strategy dubbed Amundi Ambition Agri-Agro Direct Lending Europe, with the intent of preserving natural resources and ensuring food sovereignty.

BlueOrchard launches impact credit fund
A new BlueOrchard impact credit fund promotes financial inclusion and adds to the market's growing list of ESG-related investment opportunities

BlackRock creates ESG-focused credit fund
BlackRock launches new strategy as interest in private credit and sustainable investments continues to grow

Fund performance
Positive August for credit sees CLO funds on top again

Manager looks to cut HY exposures in CLO-heavy credit interval fund
A credit fund manager has provided a performance update on is multi-strategy closed-end credit fund through regulatory filings, revealing it has beat its benchmark from 1 April to 30 September despite losing 13.66%