Ronan Martin

1 week ago | asreport.americanbanker.com | Dani Burger |Kat Hidalgo |Ronan Martin

(Bloomberg) -- Pacific Investment Management Co. is building out its investments in asset-based finance to meet client demands to diversify away from more traditional areas of private credit. "That's an area that's really picking up speed in terms of the availability of finance outside of banks," Christian Stracke, president and global head of credit research at Pimco, said in an interview on Bloomberg TV.

1 week ago | news.bloombergtax.com | Dani Burger |Kat Hidalgo |Ronan Martin

Pacific Investment Management Co. is building out its investments in asset-based finance to meet client demands to diversify away from more traditional areas of private credit. “That’s an area that’s really picking up speed in terms of the availability of finance outside of banks,” Christian Stracke, president and global head of credit research at Pimco, said in an interview on Bloomberg TV.

1 week ago | bloomberg.com | Dani Burger |Kat Hidalgo |Ronan Martin

Christian Stracke, president and global head of credit research at Pacific Investment Management Co. (Pimco), discusses market reaction to a court ruling on President Donald Trump’s tariff policy, his concerns about borrowing by sub-investment grade companies, and growth in asset-based finance. (Bloomberg) -- Pacific Investment Management Co. is building out its investments in asset-based finance to meet client demands to diversify away from more traditional areas of private credit.

2 weeks ago | bloomberg.com | Ronan Martin

Porsche headquarters in Stuttgart, Germany. (Bloomberg) -- Porsche Automobil Holding SE has begun the sale of a Schuldschein transaction of at least €750 million, the largest-ever marketed deal in this niche German debt market. Order books for the three-part sale are set to close on June 25, according to people familiar with the matter. The transaction is split across three-year, five-year and seven-year tranches of fixed and floating rate coupons, they said.

2 weeks ago | news.bloomberglaw.com | Abhinav Ramnarayan |Ronan Martin

The giants of corporate America from Pfizer Inc. to Alphabet Inc. are borrowing in euros like never before as the anxiety triggered by President Donald Trump’s tariff threats pushes them to hunt for alternative funding avenues in case their home market freezes up. A record number of these so-called reverse Yankee deals have been sold this year at a total value of more than €83 billion ($94 billion), up 35% on 2024, according to data compiled by Bloomberg.