Private credit partygoers reach for the hard stuff | Business Information & News | Westlaw

Private credit partygoers reach for the hard stuff | Business Information & News | Westlaw

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10/11/23 REUTERS 13:34:43
REUTERS
Copyright (c) 2023 Thomson Reuters
October 11, 2023
Private credit partygoers reach for the hard stuff
Oliver Taslic
Neil Unmack
George Hay
Jonathan Guilford
NEW YORK/LONDON (Reuters Breakingviews) -Private lenders want to keep partying. Purveyors of non-bank credit have in recent years muscled aside traditional Wall Street banks in funding buyout loans. Now a deal slowdown and rising rates are cramping...
---- Index References ----
Company: HPS INVESTMENT PARTNERS, LLC; APOLLO GLOBAL MANAGEMENT, INC.; Blackstone Inc; West Street Mezzanine Partners VIII, L.P; ARCTIC WOLF NETWORKS, INC.; ADC Therapeutics Ltd; THE GOLDMAN SACHS GROUP, INC.; BLUE OWL CAPITAL CORPORATION
News Subject: (Bankruptcies (1BA08); Business Management (1BU42); Corporate Events (1CR05); Funding Instruments (1FU41); Private Equity (1PR15))
Industry: (Banking (1BA20); Credit (1CR60); Financial Services (1FI37); Loans (1LO12); Retail Banking Services (1RE38))
Language: EN
Other Indexing: (LSEG; Angelo Gordon and Oaktree; HPS Investment Partners; Apollo Global Management; Blackstone; West Street Mezzanine Partners; Arctic Wolf; ADC Therapeutics; Goldman Sachs Asset Management; Blue Owl Capital)
Keywords: capmarket; banking
Word Count: 1151
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