Solving for Serta: Exposure, liquidity, and the path forward

Sweat & Connect: Morning Pilates with 9fin

9fin summer pickleball in Hell's Kitchen

9fin Summer Padel Tournament at Padium

Rising from the Caches - Triaging the good software credits from those rendered obsolete by AI

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.

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.