US CLO portfolio overlap — Managers get CLOser, but more diverse

Use the previous and next buttons or keyboard arrows to navigate between slides.

News & Analysis

LevFin

IVC pulls debt extension

9fin | Jitters in the credit markets have seemingly claimed another victim. That’s after veterinary clinic group IVC Evidensia (B3/B-/B) decided to pull its 2031 A&E due to adverse market conditions, market sources told 9fin.

12 Feb 2026

News & Analysis

LevFin

Insurance brokers in the firing line as AI fears spread

9fin | Hopes that the AI-driven selloff would stay contained to the software sector are fading, as multiple buyside sources pointed to the sudden weakness in bonds and loans from insurance brokerages this week over concerns that AI could provide a viable alternative to their services.

11 Feb 2026

| US

Podcasts

Cloud 9fin — Turning working capital into liquidity with SLR’s Mitch Soiefer

9fin | On this episode, Anna Russi speaks with Mitch Soiefer, partner and head of lender finance at SLR Capital Partners, to unpack how working capital assets are being carved out of traditional credit agreements to keep capital flowing, and why these structures tend to show up late in the credit cycle.

11 Feb 2026

News & Analysis

Investment Grade

Alphabet century sterling steals spotlight in triple-currency spree

Don’t miss out on news you won’t find anywhere else — get The Memo US and The Memo Europe in your inbox every two weeks. All eyes were on the century bond as Alphabet concluded its triple-currency borrowing spree on Tuesday with $11.5bn-equivalent sterling and Swiss franc counterparts, following the $20bn already raised on Monday to fund its AI spending.

11 Feb 2026

| Europe

| US

News & Analysis

LevFin

Rabobank among lead banks in DSM carve out

9fin's article on Rabobank being among the lead banks that will provide a €1bn debt package to back CVC’s take over of Animal Nutrition and Health (ANH), a carve out from DSM Firmenich.

11 Feb 2026

| Europe

Educationals

LevFin

A crash course on covenants

Covenants are a core source of investor protection in sub-investment grade bonds and loans, shaping what companies can - and can’t - do. This course explains how the most important covenants work, and how to assess the risks they create for investors.

11 Feb 2026

| Global

News & Analysis

ABF

Propel ABS debut starts with unusual equity placement

UK equipment finance lender Propel Finance began marketing the equity tranche of its long-anticipated inaugural ABS transaction on Tuesday, ahead of a broader placement of the rest of the capital stack.

11 Feb 2026

| Europe

League Tables

Private Credit

Private credit law firm league tables H2 and FY 25

The full year and second half private credit law firm league tables are compiled, with Paul Hastings taking the number one spot overall for the year with 232 deals, knocking H1 25's leader Davis Polk down into second place with 167 deals. Paul Hastings also took first place in H2 with 119 deals and the US number one spot for FY 25 with 198 deals.

10 Feb 2026

| Europe

| US

Podcasts

LevFin

Cloud 9fin — Syndication Nation — The TLA-ming of the shrew

9fin | In this episode, deputy LevFin editor Sasha Padbidri sat down with reporter Yiwen Lu and senior reporter Sunny Oh, to discuss the resurgence of the so-called pro-rata market.

9 Feb 2026

News & Analysis

Distressed

LevFin

The rise of Kirkland’s LME juggernaut — and what its future holds

As the fallout from Optimum’s antitrust lawsuit continues to reverberate through the restructuring world, one question now towers above the rest: What will become of the driving force behind Kirkland & Ellis’s dominant company-side liability management practice.

6 Feb 2026

| US

| Europe

Market Wraps

LevFin

Asia weekly — China property debt… can we call it a comeback?

China’s developers tap offshore markets Chinese property developers are re-entering global credit markets at a strong pace in 2026. By the end of January, six mainland Chinese and Hong Kong property firms together raised $2.2bn in debt — enough to eclipse the total raised throughout all of 2024.

6 Feb 2026

| APAC

Market Wraps

Investment Grade

US IG Wrap — Oracle kickstarts AI funding, BDCs widen on software worries

The first trading week of February was flush with activity for the US investment grade bond market, with consensus expectations already surpassed by Tuesday largely thanks to a jumbo deal from Oracle, and utilities chasing debt funded growth in AI.

6 Feb 2026

| US