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Apr 23, 2024 | 
9fin.com | Bill Weisbrod |Rachel Butt
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Feb 23, 2024 | 
9fin.com | Emily Fasold |William Hoffman |Bill Weisbrod
Market WrapEmily Fasold+William Hoffman+ 1 more23 February 2024•5 min readIf this week showed us anything, it’s that even today’s bullish primary market isn’t all one-way traffic. On the one hand, debt investors are scrambling to buy into some tightly priced new issue deals, such as Cotiviti’s$5bn term loan package to fund its buyout by KKR,which is being offered at SOFR+350bps with a 99.5 OID and was oversubscribed at launch.
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Feb 22, 2024 | 
9fin.com | Rachel Butt |Bill Weisbrod
News and AnalysisRachel Butt+Bill Weisbrod22 February 2024•2 min read99 Cents is working with Jefferies to raise new financing to support working capital needs, according to 9fin sources. The discount retailer, owned by Ares and Canada Pension Plan Investment Board, is gauging investor interest in a roughly $175m credit facility, sources said. Read all our public content for freeSign up for our newsletter to read this article nowWe won't spam. You can unsubscribe at any time.
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Feb 21, 2024 | 
9fin.com | Will Caiger-Smith |Bill Weisbrod |Nicolle Liu
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Feb 13, 2024 | 
9fin.com | Rachel Butt |Bill Weisbrod
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Jan 18, 2024 | 
9fin.com | David Bell |Bill Weisbrod |Nicolle Liu
Market WrapDavid Bell+Bill Weisbrod+ 1 more19 January 2024If you were bored by last week’s endless parade of loan repricings, the distressed debt market provided plenty of drama this week: DISH Networks, Diamond Sports, Spirit and JetBlue, United Site Services, Cano Health, Incora…it’s all happening. Yes, we cover distressed debt now! We have a new US team focused on that beat, headed by Max Frumes.
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Jan 4, 2024 | 
9fin.com | David Bell |Bill Weisbrod |William Hoffman
Market WrapDavid Bell+Bill Weisbrod+ 1 more5 January 2024•4 min readChoppy conditions brought markets back to Earth with a bump this week — but primary activity resumed nonetheless, with Hilton Grand Vacations looking to raise acquisition debt and a growing list of borrowers such as GoDaddy continuing December’s repricing spree.
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Jan 1, 2024 | 
9fin.com | Emily Fasold |Bill Weisbrod |Nicolle Liu
Market WrapEmily Fasold+Bill Weisbrod+ 1 more2 January 2024•6 min readIt feels like just yesterday that we published our last wrap of 2022, and now, here we are — the last business day before another brand-new year. We won’t bore you with too much reflection, but 2023 has been a wild ride, with watershed events like the collapse of Silicon Valley Bank, UBS’ emergency takeover of Credit Suisse and persistent interest rate hikes all taking a toll on the primary market.
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Dec 14, 2023 | 
9fin.com | David Brooke |Bill Weisbrod
Market WrapDavid Brooke+Bill Weisbrod15 December 2023•5 min readThis article is part of our new service, 9fin Private Credit, which will soon require a separate subscription to view. For more info on this product and the accompanying database, contact [email protected]. Before private credit reached its mainstream status, the joke was always that it was there for the deals that the banks didn’t want to do. Over the past couple of years, it’s been there for the deals that the banks couldn’t do.
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Dec 14, 2023 | 
9fin.com | David Bell |Bill Weisbrod |William Hoffman
Market WrapDavid Bell+Bill Weisbrod+ 1 more15 December 2023•5 min readA dovish pivot from the Fed, a soaring stock market, a $5.8bn LBO bid for Macy’s, debt-financed dividends for Blackstone portfolio companies…we’re coming up on the end of the year, but in some ways it feels like things are just getting going.
