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

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

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.

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

9fin recently sat down with Jacob Walton and Ludovic Walter, co-heads of CLOs at Sona Asset Management. Walton and Walter explained their deliberate underweight to software — driven by concerns over AI disruption, inflated 2021-vintage capital structures, and poor relative value.

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.