The Default Notice — Elliott… beeee… goooood

LatAm Weekly — Primary issuance returns, Aegea rebounds but covenant risk looms

Asia weekly — Issuance returns amid peace talks

US IG Wrap — Big banks bring the supply, BDCs bounce back

Excess Spread — Nothing to hide, funding redemptions

9fin | Fund redemptions are coming for asset-based finance! While we’ve been head down covering the fallout of Market Financial Solutions, the biggest non-war story in broader markets has been the wobble in private credit.

How a $43m accounting dispute handed a psychiatric empire to private credit

9fin | On the morning of 11 May, a video call led by lawyers at restructuring powerhouse Paul Weiss will open the floor to bids for the pieces of a crumbling behavioral health empire.

Cloud 9fin — Straight outta Hormuz — credit analysis in the age of macroshocks

9fin | While the software sell-off was the story of the markets in January, the war between the US and Iran has dominated headlines since the end of February.