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The Credit Edge by Bloomberg Intelligence The Credit Edge by Bloomberg Intelligence Bloomberg Arts on Fire Arts on Fire WRFARadio النقاش النقاش فرانس 24 / FRANCE 24 Americast Americast BBC News English News - NHK WORLD RADIO JAPAN English News - NHK WORLD RADIO JAPAN NHK WORLD-JAPAN Stories of Special Forces Operators Stories of Special Forces Operators Circle Of Insight Productions Radio Palencia Radio Palencia Cadena SER Radio Zaragoza Radio Zaragoza Cadena SER Cadena SER Navarra Cadena SER Navarra Cadena SER SER Madrid Norte SER Madrid Norte Cadena SER Focus economia Focus economia Radio 24 Radio Eibar Radio Eibar Cadena SER Radio San Sebastián Radio San Sebastián Cadena SER Radio Madrid Radio Madrid Cadena SER SER Vegas Altas SER Vegas Altas Cadena SER Radio Melilla Radio Melilla Cadena SER SER Norte de Extremadura SER Norte de Extremadura Cadena SER Radio Huesca Radio Huesca Cadena SER SER Avilés SER Avilés Cadena SER Tangle Tangle Isaac Saul Cincinnati Bengals News Today | 2 Min News | The Daily News Now! Cincinnati Bengals News Today | 2 Min News | The Daily News Now! The Daily News Now! Talk Birdie To Me Talk Birdie To Me Nick O'Hern & Mark Allen | Kaizen Media Aristegui Noticias Podcast Aristegui Noticias Podcast Sonoro, Aristegui Turley Talks Turley Talks podcast@turleytalks.com Simply Bitcoin Simply Bitcoin Simply Bitcoin Birmingham AL News Today | 2 Min News | The Daily News Now! Birmingham AL News Today | 2 Min News | The Daily News Now! The Daily News Now! Global News Today | 2 Min News | The Daily News Now! Global News Today | 2 Min News | The Daily News Now! The Daily News Now! Dave And Molly Show Dave And Molly Show NonStop Local JIM WEBB PODCAST JIM WEBB PODCAST Produced and Distributed by OMG Media Partners, LLC. Lage der Nation - der Politik-Podcast aus Berlin Lage der Nation - der Politik-Podcast aus Berlin Philip Banse & Ulf Buermeyer Arkansas Razorbacks Basketball News Today | 2 Min News | The Daily News Now! Arkansas Razorbacks Basketball News Today | 2 Min News | The Daily News Now! The Daily News Now! NTD News Today NTD News Today NTD News Today ゲキサカポッドキャスト~取材の裏側・サッカーこぼれ話~ ゲキサカポッドキャスト~取材の裏側・サッカーこぼれ話~ ゲキサカ編集部 Bylgjan Bylgjan Bylgjan Spy Craft Spy Craft Circle Of Insight Productions Passione Inter Passione Inter Passione Inter The David Knight Show The David Knight Show David Knight
The Credit Edge by Bloomberg Intelligence

News

The Credit Edge by Bloomberg Intelligence

Bloomberg

SpaceX Bondholders Face Huge Key Person Risk on Their Elon Musk Trip

July 01, 2026 1:02pm 35 min

SpaceX bondholders are bolstered by a fat equity cushion, high-grade ratings and a relatively small amount of debt outstanding — but they depend on founder Elon Musk, according to Bloomberg Intelligence. “There’s a huge ...

Europe's Largest Asset Manager Warns of AI Debt Deluge Crowding Out

June 25, 2026 11:16am 49 min

Further acceleration in AI debt issuance has the potential to steer demand away from government bonds, according to Amundi, Europe’s largest asset manager. “At some point it could have a crowding effect, but we are not t...

Real Estate Is Next Bet for Debt Investors Avoiding Private Credit

June 18, 2026 1:00pm 45 min

Private credit disarray spells opportunity for housing giant Pretium, which targets high returns by lending to US homebuilders. “Our private credit looks a little bit different than other private credit in the sense that...

Oaktree Says Boring is Beautiful In Dicey Private Credit Market

June 11, 2026 3:07pm 56 min

Private lenders are going back to basics as debt trouble spreads, market participants tell Bloomberg News’ James Crombie in this special episode of the Credit Edge podcast. “Boring is beautiful, boring is better right no...

Goldman Sachs Sees ‘Uncomfortable Tension’ in Credit Markets

June 04, 2026 3:00pm 46 min

Robust demand from pensions and insurance companies will support corporate debt through macroeconomic headwinds and record supply, according to Goldman Sachs. “Spreads are tight to the prewar levels when the facts on the...

Veteran ABS Investor Sees ‘Max Uncertainty With Max Complacency’

May 28, 2026 3:05pm 54 min

Bad software loans will cause credit-market trouble that recalls aspects of the global financial crisis, according to American Century Investments. “We call it max uncertainty with max complacency,” says Paul Norris, ref...

Principal Sees High-Grade Downgrade Risk as Issuance Ramps Up

May 21, 2026 3:00pm 42 min

Blue-chip companies, including hyperscalers, may be jeopardizing their credit ratings by piling on debt, according to Principal Asset Management. “We have seen some downgrades, and I would expect that that would continue...

Private Credit Has a Weak Underwriting Discipline Problem

May 19, 2026 10:56am 30 min

Loose underwriting standards are increasingly troubling for private credit market participants, according to Bloomberg Intelligence. “This concern has been growing for a period of time,” David Havens, BI’s senior analyst...

JPMorgan Is Wary of Another Big Leap in AI-Related Spending

May 14, 2026 3:00pm 50 min

JPMorgan Asset Management sees value in the debt of companies building out AI, but it’s keeping a close eye on how much more they plan to spend next year. “If we’re seeing capex increase at the same rate that we saw 2025...

HarbourVest Expects Private Credit Secondaries Volume to Double

May 07, 2026 3:00pm 50 min

Secondary trading of private credit is on track to more than double last year’s record volume, according to HarbourVest Partners. “Through the first quarter we’re run-rating above $50 billion this year,” Greg Ciesielski,...

Citi Warns of Private Debt Risk as ‘Tourists’ Are Forced to Sell

April 30, 2026 3:55pm 49 min

Rookie private lenders that have to sell in a downturn are a potential threat to credit markets, according to Citi. “If the cycle turns and these tourists, rather than working out loans, just start selling them at below ...

Sycamore Tree Tips Chemicals in Iran Jam

April 23, 2026 3:00pm 46 min

Middle East shipping disruptions are boosting US companies bruised by cheap Chinese supply, according to Sycamore Tree Capital Partners. “It really slows down the ability for some of those Asian-based chemical companies ...

Davidson Kempner Sees a $770 Billion Stressed Debt Opportunity

April 16, 2026 3:00pm 52 min

US companies with $770 billion in loans are hitting a wall as interest rates stay elevated, according to Davidson Kempner. “We’re in year three of what’s already the longest default cycle in 20 years,” Suzy Gibbons, the ...

BDC Bond Bust Creates Opportunity for $622 Billion Asset Manager MFS

April 09, 2026 3:07pm 51 min

A retail exodus from business-development companies has dragged their debt to levels that are starting to look attractive, according to MFS Investment Management. “Pressure for redemptions that they’re facing likely ends...

PGIM Sees 'Chilling Effect' on Private Credit From BDC Storm

April 02, 2026 1:58pm 47 min

Business development company turmoil is making direct lenders cautious on corporate debt risk, according to PGIM, which oversees more than $200 billion in private credit. “It’ll have a bit of a chilling effect,” Matt Har...

European PE Giant Permira Looks to Buy Beaten Up Software Loans

March 26, 2026 11:00am 49 min

The plunge in software debt creates opportunities to buy cheap loans from companies that will survive AI disruption, according to Permira Credit. “The market has overreacted,” Ian Jackson, the firm’s head of strategic op...

BDC Veteran Expects Private Credit Fund Stress as Banks Pull Back

March 19, 2026 3:03pm 47 min

A bank retreat from private credit piles pressure on business development companies already reeling from a wave of redemptions, according to SLR Investment Corp. “You’re starting to see banks get nervous and start to pul...

Third Point Is Looking to Buy as Others Sell Amid Rising Turbulence

March 12, 2026 3:00pm 48 min

Third Point is getting ready to scoop up credit assets that others have to sell to raise liquidity as cracks in the market spread. “This is probably one of the most exciting times to be a credit investor,” Shalini Sriram...

How to Position for a Long War in Iran

March 10, 2026 3:05pm 35 min

Consumer discretionary companies are at risk of downgrades and default if the war in the Middle East drags on, according to Bloomberg Intelligence. “We’ll definitely see a bunch of companies that have been holding on fin...

Capital Group Spies High-Yield Software Opportunity in Debt Meltdown

March 05, 2026 3:00pm 47 min

Fear of software defaults amid AI disruption creates opportunity for high-yield debt buyers, according to Capital Group, which has $3.2 trillion under management. “Markets are adopting a bit of a shoot first ask question...

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