The Default Notice — An uptier by any other name… is probably permitted

Borrowed time — Fervour and finance of football debt

As the 2026 World Cup enters its final week, fans are waiting to see whether football will come home this time — or whether it will be another four-year wait. Meanwhile, we’ve looked beyond the pitch at the game’s financial issues. Here, too, is a story of towering ambitions and perfervid emotions — one whose fate is intertwined less with 90-minute scores and penalty kicks than with buccaneering businesspeople and vast sums of borrowed money.

Introducing 9fin DIP financing database

9fin's DIP financing database is a structured, searchable database covering mid-market and large bankruptcies, with every key term extracted and normalized so you can actually compare them.

Female-owned businesses less likely to emerge from bankruptcy, study finds

Female-owned businesses are more likely to be pushed into liquidation and fail to emerge from bankruptcy than their male-owned counterparts, according to new research, in a sign that gender gaps in the corporate world extend to the end of a company’s lifecycle.

Taking the Credit — Seeing what you want to see

Is it a bat or a butterfly? As ever, it depends who you ask. Private credit has become a financial markets edition of the Rorschach test: for every declaration of health and explanation of a maturing asset class undergoing growing pains, there are fresh cockroaches unearthing themselves and further regulatory interventions warning of echoes with the 2008 GFC.

Europe IG Wrap — Bastille Day rush tails off as oil prices rise

LatAm Weekly — Ambipar pivots and finally secures bondholder support