US distressed and restructuring tracker report — October 2024

Banks prep €3.3bn of post-summer debt for Platinum’s Nestlé water deal

Deutsche Bank and Bank of America are preparing to launch €3.3bn of debt to support Platinum Equity’s purchase of Nestlé’s water division after the summer break, according to 9fin sources.

Taking the Credit — If you can’t beat EM, join EM

LPs are rethinking their private credit portfolios as geopolitical headwinds and wobbles in US private credit raise new questions about concentration risk in more mature, or ‘developed’ markets. As a result, investors are giving emerging markets a closer look.

European IG Wrap — Inflation and ECB conspire to impact issuance

LatAm Weekly — USMCA doubts hit Mexican corporates

Asia weekly — Banks warm to GPU-backed financing

US IG Wrap — Hyperscaler supply takes its toll with Meta waiting in the wings