Sonrava LME launches with rare fully pro rata, par exchange structure

Taking the Credit — An unlikely large-cap recovery for direct lending

LatAm Weekly — Even concessions have collections issues

Asia weekly — Shapoorji proposes 25bps for $1.5bn extension

Excess Spread — The suits begin, Elliott sits pretty

9fin | It was only a matter of time. With nine funding silos and a £1.3bn hole to fill, cooperation among the creditors of Market Financial Solutions had a limited shelf life.

US IG Wrap — FIGs, BDCs look past Iran uncertainties as hyperscalers turn to private credit

Spirit’s DIP lenders mobilize to identify risks of government bailout

9fin | DIP lenders to Spirit’s bankruptcy proceedings are mobilizing and educating themselves in response to the US government’s proposed bailout of the company