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🌎 Sustainability-linked loans (“SLLs”) have rapidly gained traction in the global financial landscape. For US credit managers, it’s increasingly important to adopt a strategic approach to EU SLL issuance. 📌 Read our blog by Puk van Rees and Stephen Loce for our advice to credit managers: https://okt.to/ZrUSCO #PrivateDebt #ESG #SustainabilityLinkedLoans #SLL #SustainableFinance #CreditManagers

Sustainability-linked loans (where borrowers can be awarded an annual reduction on their interest rate based on their sustainability performance) now make up half of all loans structured within the EU 💸🌱 However, the US is curiously falling behind on these numbers 📉 Why is this, and what makes SLLs appealing even in a US setting, or what should credit investors take into account when structuring them? Read all about it in the blog post that Stephen Loce and I wrote and thats up on our website now! 💡

With sustainability-linked loans gaining traction in the global financial landscape, US credit managers have an opportunity to bridge the gap with other geographies in the credit space. In particular, adopting the strategic approach used by EU credit managers can help US managers approach EU issuance levels. Please see Puk van Rees' and my thoughts on the matter here:

As a project finance specialist, understanding the Debt Covenants is essential for an effective financing structure of infrastructural projects. #infrastructureprojects #debt #covenants #projectfinance #corporatefinance

Interested in learning more about the Asset Based Lending market? Check out ABL Advisor's recent publication "ABL Industry State of the Union Q1 2024." In this article, Michael Panichi (KeyBank), Tom Lesch (Livingstone), Stephen Beriau (Eclipse Business Capital) and Winston Mar (CR3 Partners) give their views. #ABL #assetbasedlending #capitalmarkets #finance #privatedebt #nonbanklender #management #mergersandacquisitions https://lnkd.in/gs6CYTTg

📢 Private Credit Deals Spotlight The private credit landscape continues to show robust activity with significant deals shaping the market. Here’s a quick look at some recent transactions: ✅ Willis Lease Finance secures a $1B revolving credit facility with Bank of America as agent - https://lnkd.in/gexzwp34    ✅ eCapital strengthens its asset-based lending (ABL) capabilities, upsizing its ABL facility to $987MM, with Wells Fargo as agent - https://lnkd.in/gtmVgQqW ✅ Sunrise Realty closes a $200MM senior revolving credit facility with East West Bank - https://lnkd.in/ggGY-mNs ✅ TPG Twin Brook successfully agents three debt financing deals - https://lnkd.in/gfETq9Fp ✅ Ares Management closes an impressive $12.3B in U.S. direct lending commitments in Q3 2024 - https://lnkd.in/gsEFCZad These transactions underscore the vital role of private credit in financing a diverse range of industries, from aviation and real estate to middle-market businesses. Private lenders are stepping up to meet the needs of companies seeking flexible, tailored capital solutions outside of traditional public markets. 📈💼 #privatecredit #directlending #creditfacility #investment

Growing bifurcation between higher- and lower-risk private credit issuers #business #finance #fintech #investment #investors #aci #alternativecreditinvestor https://lnkd.in/em5uAQM4

The Advantage of Using Intermediaries in Sourcing Private Credit. In the fast-paced world of private equity, securing the right financing can be a game-changer. While private equity firms often have the expertise to navigate financial landscapes, utilizing intermediaries to source private credit facilities can provide significant strategic advantages. #privatecredit #privateequity #edgeworkcapital #money #investment

While European corporate bond issuance lags behind last year's output, the market shows signs of potential acceleration driven by a less competitive loan market and increased corporate capital spending. As of last week, investment-grade companies have issued €32.7bn in #bonds so far this month, 12% less than January 2023. Market sentiment is mixed, with some viewing it as disappointing and others considering it normal in the current global environment. “It has been a bit rubbish,” said one syndicate #banker in London, meanwhile another said “It has been a perfectly normal market, but nothing to write home about”. Certain sectors, particularly those withholding investment plans and capital expenditures, show promise as stability in interest rates encourages borrowing. The syndicated loan market, less competitive than a year ago, could prompt more bond supply, especially from peripheral #issuers. However, analysts suggest the impact on volumes might be marginal. Sign up to read the rest of the analysis and what else #bankers across the corporate and syndicated loan markets told GlobalCapital: https://lnkd.in/eb2rMQHG Written by Ana Fati, corporate loans reporter, and Michael Turner, corporate bonds editor at GlobalCapital #capitalmarkets #corporatebonds #syndicatedloans

Stepping up the race for rental revenue: Commonwealth Bank is pushing more aggressively into the property management and rent roll lending business - sectors dominated by rival Macquarie Group - as this story with Lucas Baird and James Eyers shows. #proptech #businessbanking #propertymanagement The Australian Financial Review https://lnkd.in/gY_3ZWB2