9Questions — Jacob Walton & Ludovic Walter, Sona — Navigating dispersion

Winding Up — Co-ops. A double-edged sword?

SRT spreads after Iran – will they, won’t they?

Since the start of the Middle Eastern conflict on 26 February, the significant risk transfer market has been waiting to see if, when and how much it would affect spreads. Certainly, no one could accuse investors in this market of a knee-jerk reaction.

Excess Spread — Where’s the money?

9fin | At this point in the MFS saga, it’s pretty clear that a lot of money has gone missing! The latest court documents suggest £1.3bn, of £2.6bn in debt facilities — half the money, or everything double-pledged.

Basel Endgame re-proposal sows optimism for US SRT

9fin | The Basel Endgame re-proposals are set to ease the path of US credit risk transfers by facilitating simpler and more varied structures.

Electronic Arts coverage summary: tracking the largest LBO in history

9fin | 9fin is an AI-powered debt market intelligence platform that enables finance professionals to analyze a credit, or win a mandate, in one place. EA’s story intersects various markets including distressed, leveraged finance and investment grade. Clients can stay informed in a fraction of the time, thanks to 9fin’s growing team of reporters and analysts, tracking the journey from the very beginning.

Banks prep TLB for DSM Firmenich’s carve-out

9fin | Banks are set to market a €775m term loan B to back the higher-margin “Solution Company” within CVC’s DSM-Firmenich’s Animal Nutrition and Health (ANH) carve-out, according to 9fin sources.