11+ hour, 12+ min ago  (219+ words) Commercial Chapter 11 Filings Surge 42% Year-Over-Year as Distress Spreads Beyond Headline Cases. The American Bankruptcy Institute reported on May 6 that " a 27. Within that total, (Subchapter V), up 46% Yo Y, while overall commercial filings (across all chapters) rose 21% to 3, 06027. The implication for credit…...

5+ day, 13+ hour ago  (185+ words) ABF Journal Buyerlink, an online auction marketplace for performance-based marketing, secured a $40 million senior secured credit facility with Zions Bancorporation, dba California Bank & Trust (CB&T). "This financing provides additional balance sheet flexibility and supports our long-term growth strategy," Payam Zamani,…...

1+ week, 12+ hour ago  (227+ words) Powell's Final FOMC Delivers Record Dissent as Warsh Confirmation Looms First Brands Plan Channels Most Debtors to Chapter 7 Conversion Semi-Liquid Private Credit Funds Gate Redemptions as Q1 Outflows Top $20 Billion SEC Sharpens Focus on BDC Valuation Practices and Retail Disclosure In…...

1+ week, 3+ day ago  (876+ words) ABF Journal The case for direct lending has always rested on a simple proposition: private credit should deliver better risk-adjusted returns than public credit markets because direct lenders have more information, more control and more alignment with borrowers than dispersed…...

1+ mon, 1+ day ago  (120+ words) ABF Journal Horsepower Financial extended its credit facility with a fund managed by Pier Asset Management. The extension builds upon the original facility established in 2024. The extended credit facility will provide Horsepower Financial with continued access to flexible capital solutions,…...