Private Debt

Sound Physicians Closes $1.05 Billion Private Credit Refinancing After Syndicated Loan Failure Sound Physicians' $1.05 billion refinancing led by Monarch Alternative Capital following an unsuccessful syndicated loan offering.

Thomas M. Bennett Published: October 23, 2026 | Updated: October 23, 2026

Sound Inpatient Physicians has completed a $1.05 billion senior secured refinancing led by Monarch Alternative Capital, securing...

US Buyout Loan Risk Premium Hits Lowest Level Since 2007 as Debt Supply Tightens US leveraged buyout loan spread compression and private equity financing conditions in 2026.

Becky Smith Published: October 21, 2026 | Updated: October 21, 2026

US leveraged buyout lenders are receiving lowest compensation for leverage risk since 2007, as limited new financing...

Moody’s Finds 5.8% US Private Credit Distress Rate as PIK Deals Mask Borrower Stress US private credit market representing Moody’s 5.8% borrower distress assessment and risks from payment-in-kind interest and loan restructurings.

James Harrison Published: October 16, 2026 | Updated: October 16, 2026

Moody’s Ratings has identified a 5.8% distress rate among a sample of U.S. private credit borrowers after...

JPMorgan Markets $5 Billion Volta AI Infrastructure Loan at 11% Yield AI data center infrastructure in Norway with Nvidia GPU server racks, representing Volta's $5 billion leveraged-loan financing arranged by JPMorgan

Becky Smith Published: October 9, 2026 | Updated: October 9, 2026

JPMorgan Chase is marketing a $5 billion leveraged-loan package for Volta AI Infrastructure Holdings, offering investors an...

Atlantic Coast Life Private Credit Exposure Draws State Takeover Bid Atlantic Coast Life insurance and private credit assets representing South Carolina regulatory scrutiny of A-CAP and exposure linked to 777 Partners

James Harrison Published: October 5, 2026 | Updated: October 5, 2026

South Carolina insurance regulators are seeking court control of Atlantic Coast Life Insurance and its reinsurer Southern...

Apollo Brings Daily Pricing to Its $850 Billion Platform as Private Credit Faces Transparency Test Apollo Global Management credit platform representing daily pricing and valuation transparency across $850 billion of private and public credit assets

Becky Smith Published: October 5, 2026 | Updated: October 5, 2026

Apollo Global Management has expanded daily pricing across its roughly $850 billion credit business, bringing more frequent...

European Private Credit Spreads Widen as Lenders Enter a New Market Order European private credit market represented by institutional lending and financing activity as unitranche spreads widen and hybrid capital demand grows

James Harrison Published: September 29, 2026 | Updated: September 29, 2026

European private credit lenders are adjusting to a more selective financing market as midmarket unitranche spreads widen...

Australia Halts Three Remara Private Credit Products Over Retail Investor Risk Concerns Australian private credit regulation as ASIC halts three products offered under the Remara Cash Management Fund

Amelia Watson Published: September 26, 2026 | Updated: September 26, 2026

Australia’s securities regulator has temporarily halted offers of three private credit products under the Remara Cash Management...

Leveraged Loan Market Pulls Record $12 Billion of Deals From Private Credit Leveraged loan and private credit markets competing for corporate borrowers as a record $12 billion of direct-lending deals move to syndicated loans

Becky Smith Published: September 26, 2026 | Updated: September 26, 2026

The broadly syndicated loan market has refinanced about $12 billion of direct-lending deals in the third quarter...

Morgan Stanley Caps Private Credit Withdrawals as Investors Seek 11.4% Morgan Stanley private credit fund facing investor withdrawal requests as North Haven Private Income Fund caps quarterly redemptions