FORWARD FEATURES CALENDAR

Private Credit

Apollo weighs expanding SoftBank’s Vision Fund loan to $9bn

Apollo Global Management is in discussions with SoftBank Group over a potential increase in a loan backed by assets held in the Japanese conglomerate’s Vision Fund 2, as SoftBank seeks additional financing for its substantial investment in OpenAI, according to a report by Bloomberg.

Apollo provides $585m financing package to KKR-backed TEC

Apollo Global Management has committed $585m in financing to flexible workspace operator The Executive Centre (TEC), marking the alternative investment firm’s largest hybrid debt-and-equity transaction in Asia to date, according to a report by Bloomberg.

KKR logo on screen

KKR’s private investment-grade financing volume reaches $80bn

KKR has structured or syndicated more than $80bn of private investment-grade financing so far this year, highlighting growing corporate demand for flexible borrowing solutions and the expanding role of private capital in the high-grade debt market, according to a report by Bloomberg.

US private credit defaults climb to record 6.3%

The default rate among US private credit borrowers reached a record 6.3% in August, according to a report by Bloomberg citing data from Fitch Ratings, highlighting continued pressure on leveraged companies amid higher borrowing costs and subdued deal activity.

AirAsia seeks Ares-backed loan changes to ease aircraft lessor payments

AirAsia Group is seeking changes to the terms of a $200m private credit facility provided by Ares Management and Indies Capital Partners as the airline looks to improve the flow of payments to aircraft lessors, according to a report by Bloomberg citing unnamed people familiar with the matter.

BlackRock private credit redemptions show signs of easing in Q3

BlackRock’s flagship private credit vehicle saw withdrawal requests decline in the third quarter, providing a fresh indication that pressure on the sector’s non-traded funds may be beginning to moderate, according to a report by Reuters.

ICG seeks €15bn for sixth European direct lending fund

Intermediate Capital Group (ICG) is targeting €15bn ($17.4bn) for its latest European direct lending vehicle, as established private credit managers continue to command significant institutional allocations, according to a report by Bloomberg.

Arini set to close debut European direct lending fund at $4bn

Arini Capital Management is approaching a final close of around $4bn for its first European direct lending fund, positioning the vehicle among the largest debut private credit funds launched in the region, according to a report by Bloomberg.

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12 November, 2026 – 5:00 pm

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