A seemingly endless cycle of tariff pronouncements and delays has been sending stocks and liquid debt markets on a roller coaster ride in recent weeks.

But what does ever-changing US tariff policy and associated market volatility mean for private credit firms? How do direct lenders keep protect themselves from the fallout and what are the key points in credit agreements these days? Join 9fin’s senior private credit reporter, Shubham Saharan, and Mayer Brown’s head of NY private credit, Sheel Patel, in exploring those themes.

Have any feedback for us? Send us a note at [email protected].

In this episode of Cloud 9fin, Tanvi Gupta, global head of CLOs at 9fin, talks with Carlyle’s Lauren Basmadjian, global head of liquid credit, and Matt Maxwell, head of US loans, to discuss how CLO managers are positioning themselves in the current tariff induced volatility.

They talk about taking advantage of the dislocation in the market, sector specific tariff risk, opportunities for a pull to par trade, how to pick the right assets with the current backdrop of LME risk and how these pockets of volatility could be another positive data point for CLOs.

In this episode of Jane’s LME Addiction, our head of LME coverage Jane Komsky brings in founder and board member of Creditor Rights Coalition, Dan Kamensky, to discuss treatment for similarly situated creditors within liability management exercises. They discuss when disparity in treatment becomes an issue, lender tools to fight back, and where advocacy is most needed.

Find all our coverage on creditor organization at 9fin.com.

Have any feedback on the podcast? Send us a note at [email protected] — thanks for listening!

On why some lower middle market lending specialists like to stay investing in companies with a sub-$50m EBITDA, they like to joke that it is because they like covenants.

With some larger private credit managers jostling for deals at the upper end of the middle market, a larger number are sticking to their knitting in focusing on financing those smaller companies. It’s private credit’s historical sweet spot and is a space immune to some of the more borrower-friendly trends seen in competitive situations with the syndicated market.

In this episode, a senior reporter in 9fin’s US private credit team, Peter Benson, sat down with Bill Sacher, partner and head of private credit at Adams Street, to discuss what is happening in the core middle market. Is deal flow will be coming back? Will ETFs will take hold?

Want to share feedback on this episode? Send us a note at [email protected].

Was Ardagh's carve-out of its metal packaging business in 2021 an early example of a European LME before LMEs went global? Call it what you will, the troubled packaging conglomerate is getting a taste of both the potential upside and the backlash caused by these controversial financial maneuvers.

In this episode, 9fin's global head of restructuring, Max Frumes, sat down with European senior distressed credit analyst Emmet McNally to discuss some of the events that led us here. Events so far have culminated in the company cleansing creditors party to restructuring negotiations that failed to reach common ground.

Unsecured creditors Arini and Canyon have sued the company for alleged value extraction and fraudulent conveyance dating back to the metal carve-out. Emmet and Max talk us through the headline terms of the proposals put forward by the company and the unsecured bondholder group, and discuss how bid-ask spreads between the two proposals could be narrowed to reach a mutually agreeable deal.

Want to share feedback on this episode? Send us a note at [email protected].

No one likes that feeling of being a little too thick in the middle. But finding the right balance of strength and cushion is no easy task. We’re talking about the middle office here, of course.

The middle office may not always be in the spotlight, but when loan data goes awry it’s the team that keeps the gears turning and numbers in check. In this episode, head of podcasts Chase Collum chats with Jared Vest, global co-head of middle office solutions at FIS, to break down the middle office's essential roles, risks, and evolving responsibilities. They explore how accurate data and strong operational support are critical to navigate today’s fast-paced loan market.

This episode was produced in partnership with FIS as part of a three-part series diving into the challenges facing middle office practitioners and users of global loan data sets.

Have any feedback for us? Send us a note at [email protected].

AI is eating the world, or so the headlines say. But what does this really mean for debt markets? Where does AI truly excel, and what limitations persist? What implications does this technological shift hold for analysts' jobs? And how is 9fin deploying AI to address specific challenges confronting debt market professionals?

Sujeet Indap, Wall Street editor at the Financial Times, sat down with Steven Hunter, CEO and co-founder of 9fin, to cut through the hype and dissect the real impact of AI on debt markets. This episode was produced from a recent 9fin webinar. If you’d like to learn more about how 9fin's AI-powered platform can give you a competitive edge in debt markets, we’d love to chat.

Schedule a personalised demo

→ https://9fin.com/sign-up?utm_source=hubspot&utm_medium=email&utm_campaign=ai_debtmarkets_webinar

Or, stay up to date with all the latest for 9fin’s insights, news, upcoming events, and new features

Join our newsletter

→ https://share.hsforms.com/1KaeNlWvzRlqYjJGJjHbZmgby77c

Follow us on LinkedIn

→ https://www.linkedin.com/company/9fin

Have any feedback for us? Send us a note at [email protected].

In the credit markets, it’s important practitioners get their fax straight. No, you didn’t read that wrong — even in 2025, people still use fax machines to transmit some loans data.

In our latest Cloud 9fin episode, Chase Collum, head of podcasts, and private credit analyst Devin McGinley, sit down with John Smullen, product manager at FIS. They chat about how global data trends are shaping strategies in the leveraged finance world as private credit CLOs and direct lending gain ground.

This episode is part of a three-part series we’ll publish in partnership with FIS on Cloud 9fin, so look out for our next episode, coming next Thursday! Have any feedback for us? Send us a note at [email protected].

In this episode of Jane’s LME Addiction, our head of LME coverage Jane Komsky brings in global chair of Gibson Dunn’s restructuring group, Scott Greenberg, to discuss the evolution of cooperation agreements within liability management exercises. They discuss the different types of co-ops, why co-ops have become expected in US deals, their spread to the EU, and the validity of antitrust arguments.

Find all our coverage on co-ops at 9fin.com.

Have any feedback on the podcast? Send us a note at [email protected] — thanks for listening!

Three media companies, in vaguely the same vicinity, in fair debt markets where we lay our scene — where ancient business models encounter new scrutiny, and AI generates images you can’t unsee…

Valentine’s Day has been and gone, so why on earth are we besmirching Romeo and Juliet with terrible puns? You should listen to the episode for the full picture, but basically we’re discussing three recent debt transactions from X/Twitter, Snap, and Getty Images.

These deals might not seem immediately connected, but there’s a thread running through all three. In an age of political upheaval and rapid technological advancement, what do they tell us about the future of media? William Hoffman, David Bell and Will Caiger-Smith are here to discuss, and to crowdsource ideas for sponsored 9fin Snapchat filters.

Want to share feedback on this episode? Send us a note at [email protected].