The Taste of Leverage

Shapoorji targets 18.95% on INR 255bn Goswami refi deal

India’s Shapoorji Pallonji Group (SP Group) has proposed an initial pricing of 18.95% in rupee terms for its INR 255bn ($2.7bn) dual-currency fundraise aimed primarily at refinancing rupee-denominated notes issued by group entity Goswami Infratech, 9fin sources said.

Boxes of cash and disappearing messages — How administrators say Raja pulled off MFS fraud

New court allegations have laid bare the mechanics of the Market Financial Solutions alleged fraud, including wholesale destruction of documents, boxes full of cash, treasury employees managed by disappearing messages, and a portfolio of luxury properties worth nearly £1bn.

The state of private credit in 2026

Private credit built its growth story on software, retail capital, and loose docs. And right now, all three are under pressure simultaneously. In our state of private credit 2026 whitepaper, we map where those pressures stand at the halfway point, and where they're most likely to land in H2.

Taking the Credit — Hedge funds deepen private credit’s identity crisis

Hedge funds have made significant strides into private credit recently, tapping into an existential question for an asset class struggling amid fears of fraud, defaults and looming maturity walls: what exactly is private credit?

LatAm Weekly — Argentina gets a boost

Asia weekly — Primary markets bounce back after holidays