Private debt

Bond giant Pimco flexes muscles with private placements push

Shares of BlackRock TCP fell as much as 8.4% in post-market trading.

BlackRock cuts value of private debt fund by 19%, waives fee

HSBC plans to conduct a short, internal selection process for the new head of the global credit and financing business.

HSBC overhauls trading business in bid to become debt powerhouse

Justin Muzinich, chief executive of Muzinich & Co, says the firm is in preliminary discussions with investors for a second Asia-Pacific private-debt fund, which will likely begin fundraising next year.

Private debt specialist Muzinich expects ‘exponential’ growth in Apac

Blackstone recently has upsized its loan to Dropbox, while a group of private credit lenders led by BlackRock are set to refinance Syndigo’s bank debt.

Blackstone, Ares provide US$3.6 billion for Park Place buyout

Fine wine may offer prestige as loan collateral — but if improperly stored, it can spoil and become worthless.

Wine, music and jets draw scrutiny of asset-backed private debt

In June, money managers pulled US$3.9 billion from Treasuries, while adding US$10 billion to European and US investment-grade corporate debt.

Rising fiscal deficits drive billions into credit

One concern will be the level of transparency with regard to private markets, which come with few statutory disclosure requirements, unlike investments in companies listed on a stock exchange.
THINKING ALOUD

Private dining and private markets: Approach both with caution

Sabita Prakash, managing director of private credit firm ADM Capital, says Asia is increasingly depending on itself for end-use markets, outsourcing or funding.

For this private debt firm, ‘Asia for Asia’ offers silver lining amid US tariff threats

All borrowers will be eligible for interest suspension for three years, and they will also be offered a reduction in instalments of principal to ease the overall debt burden.

Thailand unveils debt-relief measures to cover US$26 billion loans