9fin

‘Family and health come first’ is one of our values — and to make sure we’re offering the best to our employees, we’ve upgraded our offering to parents, with a generous increase to our paid leave package and a suite of holistic benefits. We know how important those first few months are as a new parent, so we have increased our paid leave from 18 weeks to 22 weeks for birthing parents, and from 4 weeks to 12 weeks for non-birthing parents. 💙 But our support doesn’t stop there. We are also launching 9fam, our parental support offering for parents (new and old!) which includes 1-1 coaching to returning parents, dedicated re-onboarding programmes and more. When we say family and health come first, we really mean it, but don’t just take our word for it — check out what some of our 9finner parents have to say.

What do the latest reforms to the UK Solvency regime mean for mortgage finance? 🏡 Ahead of the DealCatalyst's UK Mortgage Finance Conference on September 18 in London, 9fin’s ABS Editor Owen Sanderson caught up with Scott Robertson from Phoenix Group, one of the event's featured speakers — and a major player in funding equity release mortgages. 💸 In this exclusive interview, Scott delves into the evolving landscape and shares his perspective on the direction the industry is heading. 📈 Watch the full interview here — https://lnkd.in/erqmzfQG To check out the full agenda follow this link — https://hubs.la/Q02LT9Kr0 If you’re attending the conference, be sure to say hi to Owen Sanderson! 👋

Dive into the private credit landscape with our three-part Cloud 9fin special! 🎙️ Our expert team breaks down: 🔑 Whether the sector is leaving its "Golden Age" and entering its "Silver Fox era" 🏟️ What challenges and opportunities await hedge funds as they make the push into the private credit arena 🌳 Why private credit is returning to its roots, embracing strategies that blend the old with the new as hybrid deals come back in vogue All episodes are out now! Find them wherever you listen to podcasts. #privatecredit #leveragedfinance #debtcapitalmarkets #podcastseries

💊 Grifols privately placed notes rally towards redemption price. 🇪🇸 News of a potential take-private of Grifols has caused the Spanish pharmaceutical titan’s debt to rally. Investors behind the company’s recently issued privately placed notes have benefited the most with these trading up to 107 owing to unusual change of control language. 🍧 Our 9fin experts, William Macadam, Hazik Siddiqui, Christopher Osborne, and Fatima Kane, have the inside scoop and the full breakdown you need. 🤔 Curious about the impact? Request your copy today for an in-depth analysis — https://hubs.li/Q02MScSz0

Physical climate risks are becoming increasingly systemic and severe, which means high yield issuers need to be prepared to weather the storm 🌪 Recent events highlight the immediate impact of extreme weather on HY firms: 👉 Novelis halted production due to Swiss floods, affecting JLR 👉 Constellium faced €135m in flood damages 👉 The Chemours Company paused production in Mexico due to drought regulations Such instances may go unnoticed as a material risk due to the perception that climate change and its impacts are a medium to long term risk. But in this feature, 9fin assesses several HY issuers’ vulnerability to these risks, attitude shifts and regulation Read the analysis: https://hubs.li/Q02M_wSj0

📢 Breaking #CLO news: Fair Oaks Capital gains regulatory approval for market’s first ever European CLO ETF, Fair Oaks AAA CLO ETF. With US CLO ETFs a multi-billion dollar business, a European CLO ETF has been highly anticipated (despite the regulatory hurdles)! And winning regulatory approval first could have its advantages – Janus Henderson Investors’s JAAA now stands at 80% of the entire US CLO ETF market ($11.75bn). Big potential benefits for the Euro CLO market, which has always lacked depth in the CLO triple-A investor base vs the US CLO market, and could enable triple-A tranches to be more widely syndicated. Another ground-breaking fund for Fair Oaks, having launched the market’s first global CLO Ucits in 2016. Congrats to Miguel Ramos Fuentenebro, Roger Coyle and team Story on 9fin here: https://lnkd.in/euzjfURT #CLOs #structuredcredit #leveragedloans #ETF

As we gear up for DealCatalyst’s Asset Based Finance conference in New York on September 30, our very own Will Caiger-Smith chatted one of the speakers — Bruce Richardson from Marathon Asset Management — about asset-based private credit versus traditional EBITDA-based lending. 💬 One key takeaway? Some unitranche lenders, in trying to outshine banks, may have overplayed their hand with aggressive pricing. What can private credit firms learn to avoid a similar mistake in the asset-backed markets? Catch the full conversation here — https://hubs.li/Q02MSjgq0 See more about the event here — https://hubs.la/Q02LT9MM0 If you’re attending, be sure to connect with Bruce and the 9fin team! 👋

What challenges did the US private credit market face in Q2? 🏃 What’s impacting the competitive dynamic between banks and direct lenders? 🏦 What are the numbers telling us? 📊 And what do key market players have to say? 🙋 Many questions — and all the answers — can be found in our US private credit review. If you’re looking for the latest on deal types, fundraising, and the M&A environment, with insights from the brightest minds in the market, access our report now. Link in comments.

Welcome to 9fin’s second high yield Bond Law Firm League Tables for Europe covering H1 24. 🥇 H1 24 saw a high volume of deals with 17 counsels across 57 deals Our league tables include: 👉 Top counsels by total deals 👉 Top issuer counsels 👉 Top bank counsels Find out who comes out on top and who’s rising through the ranks. Uncover the rankings: https://hubs.li/Q02MGTkM0 #highyyieldbonds #leveragedfinance #debtcapitalmarkets

The Supreme Court in a 5-4 decision, ruled that a bankruptcy court does not have the statutory authority to provide non-consensual third party releases.🧑⚖️ Such releases had been a crucial part of the Purdue Pharma L.P. Chapter 11 plan, where the bankruptcy system was being used to shield non-debtors from litigation without full creditor consent. 🛡️ The decision coincided with the publication of Unjust Debts by UNC law professor Melissa B. Jacoby, which provides a critical history of how the use of Chapter 11 has expanded far beyond its initial scope. For this week's episode of Cloud 9fin, Max Frumes discusses this crucial snapshot of bankruptcy law with Professor Jacoby, and how current events might further shape the bankruptcy courts around the country. 🎧 Apple Podcasts: https://lnkd.in/eMcJx3R6 🎧 Spotify: https://lnkd.in/e2Grekqw #podcast #distresseddebt #leveragedfinance