Direct lending rush

28/10/2020 22 min
Direct lending rush

Listen "Direct lending rush"

Episode Synopsis

The pandemic docked Carnival’s cruise ships and grounded Bombardier’s planes. But when the companies were in need of cash, one went to the bond market and the other to a direct lender. Robert Smith, FT capital market correspondent and Nikou Asgari, FT corporate finance reporter, tell the story of the billion dollar private debt deals shaping who has the capital to weather the crisis. Review Clips: CNBC, Reuters, ABC News from Nikou, Rob and the rest of the corporate finance teamCovid-linked debt rush ignites direct lending marketAsset managers in $300bn drive to build private lending funds Hosted on Acast. See acast.com/privacy for more information.