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Skim yields — Chobani’s credit glow-up leaves lenders asking what’s left to buy

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Skim yields — Chobani’s credit glow-up leaves lenders asking what’s left to buy

David Westenhaver and Sunny Oh20 Jul 2026 | US | 8 minute read

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Cinven and Bridgepoint attempt Europe’s first lawyer DQ list via Vitamin Well

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LevFin

Cinven and Bridgepoint attempt Europe’s first lawyer DQ list via Vitamin Well

Docs for Cinven and Bridgepoint-backed Vitamin Well’s dual-tranche TLB deal include a disqualified counsel list (lawyer DQ list) in any potential restructuring, according to 9fin sources — the first time this has been attempted in Europe, having appeared in the US nearly a year ago.

Brookfield, Tor join PaleBlueDot’s $255m GPU-backed private note

PaleBlueDot AI has closed a $255m GPU-backed three-year private note, 9fin sources said. Brookfield and Tor Investment Management were among the investors, according to the sources. JP Morgan acted as lead manager for the facility.

High stakes — Rescheduling to test cannabis borrowers

In the world of leveraged finance, operating without the ability to deduct SG&A expenses from taxes is a total nonstarter. But for US cannabis companies — particularly those on the adult-use recreational side — such a move currently remains out of reach.

NFE Chapter 15 opinion flags ‘bankruptcy tourism’ risk, sets guardrail for UK plan recognition

A new trend has emerged where certain US companies are creating UK affiliates and then leveraging the flexibility of UK restructuring laws and the efficiency of English courts and turning to US bankruptcy courts purely for recognition.

Taking the Credit — Private credit flirts with preferred equity as exits stutter

Once reserved for distress, preferred equity has become an “acceptable liquidity solution” for a market struggling with exits, Paul Hastings’ global finance partner Jennifer Passagne told 9fin. And it seems that dealmakers agree. They’ve seen the number of deals featuring pref equity at least double over the past 12 months, according to 9fin sources.

Reno secures 85% backing for creditor-led restructuring as Apollo hands over the keys

Creditors are set to take control of Italian recycled cartonboard producer Reno de Medici from sponsor Apollo, after holders of more than 85% of the group’s notes backed a recapitalisation that will equitise up to €300m of debt and inject €100m of new money.

17 Jul 2026

| Europe

Skim yields — Chobani’s credit glow-up leaves lenders asking what’s left to buy

Related Posts

Cinven and Bridgepoint attempt Europe’s first lawyer DQ list via Vitamin Well

Brookfield, Tor join PaleBlueDot’s $255m GPU-backed private note

High stakes — Rescheduling to test cannabis borrowers

NFE Chapter 15 opinion flags ‘bankruptcy tourism’ risk, sets guardrail for UK plan recognition

Taking the Credit — Private credit flirts with preferred equity as exits stutter

Reno secures 85% backing for creditor-led restructuring as Apollo hands over the keys