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Cloud 9fin

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ESG's identity crisis

13 Oct 2022

Contributed by Lukas

Last month, a group of climate protestors stormed a panel at a US private equity conference and lambasted ESG. A few weeks earlier, Texas and Florida ...

Dwindling pipeline, MFN, Graanul Invest

06 Oct 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity and co-head of European loans research Jainisha Amin explains MFN clauses. Loans repo...

The new playbook for LBOs

29 Sep 2022

Contributed by Lukas

For LBO underwriters, the good old days are well and truly over. The Citrix syndication, which officially closed last week, showed how banks are pulli...

IPEM Wrap Up - PE special

22 Sep 2022

Contributed by Lukas

In this special episode the Cloud9fin team discusses their experience of the IPEM conference in Cannes, speaks to delegates and gives you a special lo...

Anti-woke investing, with Matt Cole of Strive Asset Management

15 Sep 2022

Contributed by Lukas

How do you go from working from one of the world's biggest advocates for ESG investing to joining a firm that thinks ESG is a scam? Our US editor Will...

Bonus episode: Citrix bond docs

14 Sep 2022

Contributed by Lukas

Special bonus episode of Cloud 9fin, the leveraged finance podcast. Co-head of European HY covenant research Caitlin Carey discusses bond docs on the ...

Q2 earnings, mortgage regulation, Ford

08 Sep 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity. Speakers from the Investors Conference on UK Mortgage Finance go into detail on mort...

The Fed, LBOs and a weird second quarter, with Jeremy Burton of PineBridge Investments

01 Sep 2022

Contributed by Lukas

Labor Day beckons, which means it's nearly the end of summer — and it's been a weird one. As we try to make sense of yet another strange post-Covid...

PDA, redemption mechanics trends

25 Aug 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity, co-head of European HY research Brian Dearing and credit analyst Nathan Mitchell dis...

Equities, inflation and the LBO backlog, with John Fraser of Tikehau Capital

18 Aug 2022

Contributed by Lukas

It's been a weird summer: equities have rebounded and there's been some good news on inflation, but with rates still extremely high and a big LBO back...

Victoria Plc, investor pushback, Ekaterra ESG issues

11 Aug 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity and co-heads of European loans research Jainisha Amin and Christine Tognoli discuss w...

The talent wars, with credit recruiter Sasha Jensen

04 Aug 2022

Contributed by Lukas

How do you stay ahead in the war for talent and make sure you're building a diverse team? We have questions, and Sasha Jensen — founder of credit re...

Underwriting, US v European documentation, greenium

28 Jul 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity, co-heads of European loans research Jainisha Amin and Christine Tognoli discuss wher...

The primary slowdown, with Kris Ring of Goodwin Procter

21 Jul 2022

Contributed by Lukas

We're back to outside guests this week, as 9fin's US editor Will Caiger-Smith dials up Kris Ring, a debt finance partner at Goodwin Procter on the Wes...

Direct lending, 888 docs, SLB regulation

14 Jul 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity, co-head of European loans research Christine Tognoli talks about changes seen on 888...

The rumble in the refi jungle

07 Jul 2022

Contributed by Lukas

The cost of refinancing gets higher and higher almost every day. This week, Will Caiger-Smith sits down with David Bell, 9fin's new US deputy editor, ...

Food inflation, docs changes, Orpea ESG issues

01 Jul 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity, senior covenant analyst Brian Dearing and legal analyst Alice Holian discuss some ne...

From LBO to LB-no

23 Jun 2022

Contributed by Lukas

If you're an investment bank, the leveraged buyout market is a dangerous place these days. This week, US editor Will Caiger-Smith brings 9fin's CEO St...

Global ABS Wrap Up

17 Jun 2022

Contributed by Lukas

In this special episode the Cloud9fin team discusses their experience of the Global ABS conference in Barcelona, speaks to delegates and gives you a s...

Maxar Technologies and Ukraine

09 Jun 2022

Contributed by Lukas

Cloud 9fin goes for the W, as US editor Will Caiger-Smith dials up reporter William Hoffman to talk about Maxar Technologies. The satellite imaging co...

Laboratoire X.O, restricted subsidiaries, ESG webinar

01 Jun 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity, head of covenant research Caitlin Carey discusses why not all restricted subsidiarie...

Tech troubles, with John McClain of Brandywine Global

26 May 2022

Contributed by Lukas

Tech is selling off and laying off, retail earnings are down, the Twitter debacle is rumbling on — what does all this mean for leveraged finance? Th...

Financing football, restricted group, creative KPIs

19 May 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity, head of covenant research Caitlin Carey walks us through the restricted group concep...

The price isn't right, with Frank Ossino of Newfleet Asset Management

12 May 2022

Contributed by Lukas

9fin's US editor Will Caiger-Smith chats with Frank Ossino of Newfleet Asset Management about recent market volatility, the impact of monetary policy ...

Inflation in Q2, Frankfurt Seminar review, Miller Homes

06 May 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity, legal analyst Alice Holian tells us about her experience at the Frankfurt Seminar fo...

Decoding Twitter's deal

27 Apr 2022

Contributed by Lukas

In case you haven't heard, Elon Musk is buying Twitter. So for this week's episode, our US editor Will Caiger-Smith quizzes Steven Hunter, 9fin's CEO,...

Schur Flexibles Update, Asset Sales, Prisa

21 Apr 2022

Contributed by Lukas

The 9fin content and analytics team wraps up the week's activity, legal analyst Alice Holian discusses how the asset sales covenant can expand RP capa...

US and Europe joint edition — Q&A with 9fin's editors

14 Apr 2022

Contributed by Lukas

This week, Kat Hidalgo quizzes 9fin editors Will Caiger-Smith and Chris Haffenden on market trends across the Atlantic. They discuss the uptick in iss...

Market Reopening, Loans Portability, SEC Climate Disclosures

07 Apr 2022

Contributed by Lukas

Legal analyst Alice Holian and senior covenant analyst Brian Dearing discuss portability in loans and raise some red flags, ESG analyst Sam Stevens di...

The shifting private credit narrative, with Todd Koretzky of Allen & Overy

31 Mar 2022

Contributed by Lukas

US editor Will Caiger-Smith catches up with Todd Koretzky, a partner at Allen & Overy, to discuss shifting narratives around private credit. From ...

Aviation Sector, Available Amount Interpretations, Clean Energy Transition

24 Mar 2022

Contributed by Lukas

Legal analyst Alice Holian and senior covenant analyst Brian Dearing discuss how the available amounts concept can be interpreted, ESG analyst Jack Da...

Changing dynamics, with Melanie Hanlon of Napier Park

17 Mar 2022

Contributed by Lukas

US editor Will Caiger-Smith sits down with Melanie Hanlon, head of credit research at Napier Park Global Capital, to discuss changing dynamics in the ...

Ukraine-Russia conflict, Ontex Change of Control, Russian red flags

10 Mar 2022

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans (non-existent) deals, head of covenant research Caitlin Carey and senior...

Ukraine and its market impact

03 Mar 2022

Contributed by Lukas

As Russia continues its invasion of Ukraine, US editor Will Caiger-Smith sits down with 9fin CEO and co-founder Steven Hunter to evaluate the conflict...

Schur Flexibles, Voting Caps, Care Homes

24 Feb 2022

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, head of covenant research Caitlin Carey discusses voting caps, ES...

A widening base for CLOs, with Dave Preston of AGL

17 Feb 2022

Contributed by Lukas

In this episode, US editor Will Caiger-Smith talks to Dave Preston of AGL about the expanding CLO investor base, leveraged loan underwriting standards...

Saipem, "No Worse" Ratio Tests, ESG Ratchets and Step-downs

11 Feb 2022

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, head of covenant research Caitlin Carey discusses "no worse" rati...

The rush to floating rate assets, with Roberta Goss of Pretium Partners

03 Feb 2022

Contributed by Lukas

A new series of guests interviews recorded at 9fin’s New York headquarters by US editor Will Caiger-Smith. In this debut episode, we discuss equity ...

A Rising Tide Lifts the Loan Market, Liens Covenants, SLB Update

20 Jan 2022

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, head of covenant research Caitlin Carey discusses liens covenants...

Review, preview 2021/2022

07 Jan 2022

Contributed by Lukas

In this special episode the 9fin content and analytics team looks back on a blockbuster year and ahead to slightly more troubled waters. Credit analys...

A Happy Levfin Quizmas

10 Dec 2021

Contributed by Lukas

CEO Steven Hunter and loans reporter Michal Skýpala face off against editor Chris Haffenden and senior reporter Owen Sanderson in our first annual le...

Restructuring change in France and the UK

26 Nov 2021

Contributed by Lukas

Weil, Gotshal & Manges partners Andrew Wilkinson and Anne-Sophie Noury talk French restructuring changes and reflect on the state of the UK regime...

Earnings, Ratio Numerators, COP26

12 Nov 2021

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, head of covenant research Caitlin Carey discusses ratio numerator...

Market Softening, ESG Ratchet Innovation, Bespoke CoC provision

29 Oct 2021

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, legal analyst Alice Holian discusses a bespoke change of control ...

Bonus episode: Aggregate

21 Oct 2021

Contributed by Lukas

9fin editor Chris Haffenden discusses the current state of Adler shareholder Aggregate's bonds in the wake of a Viceroy report on Adler. 

Median Kliniken, CNI build-up baskets, Graanul Invest

14 Oct 2021

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, senior legal analyst Caitlin Carey discusses CNI build-up baskets...

Bonus episode: Adler

08 Oct 2021

Contributed by Lukas

CEO Steven Hunter and editor Chris Haffenden discuss Viceroy's recent report on Adler.

Notes from Global ABS, Pandemic-Proof Add-Backs, SLB KPIs

30 Sep 2021

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, senior legal analyst Caitlin Carey discusses pandemic-proof EBITD...

Pipeline (Morrisons), Sustainability Call Premium, Pasubio

17 Sep 2021

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, senior legal analyst Caitlin Carey takes us through the sustainab...

Amigo Loans, Portability, Shipping

03 Sep 2021

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, senior legal analyst Caitlin Carey explains portability, ESG anal...

United Group, Specified Asset Dispositions, Rubbish ESG

20 Aug 2021

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, senior legal analyst Caitlin Carey takes us through the specified...

Intralot, Fit for 55, Available Amount Concept

06 Aug 2021

Contributed by Lukas

The 9fin content and analytics team wrap up the week's HY and leveraged loans deals, senior legal analyst Caitlin Carey takes us through the available...

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