Cloud 9fin

9fin
Cloud 9fin
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243 episodes

  • Cloud 9fin

    Jane’s LME Addiction — Debevoise star recruits discuss whether LM is just amend and pretend

    26/02/2026 | 24 mins.
    In this episode of Jane’s LME Addiction, our head of LME coverage Jane Komsky brings in Debevoise's newest partners, Rachel Ehrlich Albanese, Sam Newman and Daniel Shamah to discuss the groups enhanced restructuring capabilities. They provide an overview of the LME and in-court landscape, and discuss what the year may bring by way of out-of-court vs in court transactions, sponsor and creditor incentives, and whether liability management is a true fix.
    Find all our coverage on co-ops and LMEs at 9fin.com.
    Have any feedback on the podcast? Send us a note at [email protected] — thanks for listening!
  • Cloud 9fin

    Private Chat — Doing the safety dance in the lower middle market

    24/02/2026 | 30 mins.
    Recent headlines suggest the private credit market is beginning to crumble; however, the asset class isn't a monolith. Look further downmarket, and a far more resilient story emerges.
    In this episode of Cloud 9fin, US private credit deputy editor Shubham Saharan is joined by Natalie Garcia, Deerpath's head of underwriting, as well as Reed Van Gorden, Deerpath’s head of origination, to discuss how the lower middle market is staying steady despite industry headwinds.
    Have any feedback for us? Send a note to [email protected].
  • Cloud 9fin

    What’s in the EA endgame?

    17/02/2026 | 19 mins.
    Electronic Arts’ proposed $55bn leveraged buyout has upended expectations for its 2031 and 2051 bonds.
    Instead of pricing in a straightforward 101% change-of-control payout, investors are weighing a tender offer and potential defeasance strategy that could strip covenants and lower the takeout cost. With a potential downgrade looming, bondholders must decide whether they can resist the maneuver or accept a discounted exit.
    Tune into our latest episode of Cloud 9fin, where senior legal analysts Chris Osborne and Anthony Park unpack this situation with senior credit analyst Steven Price.
    Follow our reporting of the Electronic Arts takeover at 9fin.com.
    Have any feedback on this episode? Send us a note at [email protected]. Thanks for listening!
  • Cloud 9fin

    Turning working capital into liquidity with SLR’s Mitch Soiefer

    11/02/2026 | 12 mins.
    When traditional cashflow lending tightens, liquidity doesn’t always come from the usual places — sometimes lenders have to break companies into smaller, more financeable pieces.
    Carving out working capital assets, which involves isolating and valuing receivables and inventory in standalone structures, has emerged as a go-to strategy for borrowers looking to unlock incremental capital without refinancing their entire capital stack.
    On this episode of Cloud 9fin, Anna Russi speaks with Mitch Soiefer, partner and head of lender finance at SLR Capital Partners, to unpack how working capital assets are being carved out of traditional credit agreements to keep capital flowing, and why these structures tend to show up late in the credit cycle.
    Have any feedback? Send us a note at [email protected] — thanks for listening!
  • Cloud 9fin

    Syndication Nation — The TLA-ming of the shrew

    09/02/2026 | 12 mins.
    Anyone who was in the LevFin market in 2022 may remember banks using term loan As to fill the financing gap when rising interest rates disrupted the syndicated loan market. That instrument has made a comeback — except this time, the TLA is no longer a back-up, but a tool to get larger financings done.
    In this episode, Cloud 9fin deputy LevFin editor Sasha Padbidri sat down with reporter Yiwen Lu and senior reporter Sunny Oh, to discuss the resurgence of the so-called pro-rata market.
    We broke down the key features of TLAs, how banks use them to differentiate themselves from direct lenders, and the evolving lender base of TLAs. We also discussed how it played out in recent jumbo buyouts, including Hologic.
    Have any questions? Send us a note at [email protected]. You can also check out our feature on TLA here. Thanks for listening!

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About Cloud 9fin

Leveraged finance, distressed debt, and private credit drive today’s markets. Cloud 9fin delivers expert insights on high-yield bonds, syndicated loans, direct lending, and debt restructuring. Join top analysts and investors as we explore credit markets, special situations, and private debt strategies shaping the industry. From credit risk assessment to institutional credit trends, each episode provides actionable intelligence for fund managers, institutional investors, and financial professionals. Whether you’re tracking high-yield issuances, analyzing corporate debt, or uncovering distressed debt opportunities, we’ve got you covered. Through its AI-powered data and analytics platform, 9fin provides everything you need to get your head around credit or win a mandate — all in one place. We help subscribers win business, outperform their peers and save time. Stay ahead in leveraged finance market trends—subscribe now for expert discussions on the forces moving global credit.
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