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Cloud 9fin

Latest episodes

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Oct 20, 2022 • 28min

CLO market, subordination, Verisure

The 9fin content and analytics team wraps up the week's activity and co-head of European HY research Brian Dearing discusses subordination with regard to the recent Brightspeed and Carnival deals. ESG analyst Oliver Wise makes his debut on the pod to discuss Verisure's ESG issues and loans reporter Kat Hidalgo and US editor Will Caiger-Smith discuss the health of the CLO market in the light of Japanese AAA investor Norinchukin pulling out of CVC's latest CLO.
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Oct 13, 2022 • 13min

ESG's identity crisis

Last month, a group of climate protestors stormed a panel at a US private equity conference and lambasted ESG. A few weeks earlier, Texas and Florida had blacklisted ESG investment firms or banned the use of the practice. How did Republican politicians and left-wing activists end up united in their criticism of ESG?
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Oct 6, 2022 • 22min

Dwindling pipeline, MFN, Graanul Invest

The 9fin content and analytics team wraps up the week's activity and co-head of European loans research Jainisha Amin explains MFN clauses. Loans reporter Kat Hidalgo and Michal Skypala talk the steadily drying leveraged loans pipeline and ESG analyst Dan Power talks about issues on Graanul Invest and the biomass industry. 
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Sep 29, 2022 • 18min

The new playbook for LBOs

For LBO underwriters, the good old days are well and truly over. The Citrix syndication, which officially closed last week, showed how banks are pulling out all the stops to offload risk while minimizing losses — and this new playbook involves some potentially awkward and painful consequences. Will Caiger-Smith sits down with Steven Hunter, 9fin's CEO, to map out this brave new world.
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Sep 22, 2022 • 14min

IPEM Wrap Up - PE special

In this special episode the Cloud9fin team discusses their experience of the IPEM conference in Cannes, speaks to delegates and gives you a special look into two panel discussions from the event.
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Sep 15, 2022 • 37min

Anti-woke investing, with Matt Cole of Strive Asset Management

How do you go from working from one of the world's biggest advocates for ESG investing to joining a firm that thinks ESG is a scam? Our US editor Will Caiger-Smith talks to Matt Cole, a former CalPERS portfolio manager who recently moved to Strive Asset Management — the "anti-woke" investment firm that wants to compete with the likes of BlackRock and Vanguard.
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Sep 14, 2022 • 11min

Bonus episode: Citrix bond docs

Special bonus episode of Cloud 9fin, the leveraged finance podcast. Co-head of European HY covenant research Caitlin Carey discusses bond docs on the Citrix debt financing.
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Sep 8, 2022 • 24min

Q2 earnings, mortgage regulation, Ford

The 9fin content and analytics team wraps up the week's activity. Speakers from the Investors Conference on UK Mortgage Finance go into detail on mortgage regulation, impacting levfin issuers like Miller Homes and Keepmoat. ESG analyst Sammy Cole breaks down Ford's new green bond and loans reporters Kat Hidalgo and Michal Skypala talk trends in Q2 earnings. 0:00 - Intro0:48 - Levfin Wrap1:59 - Mortgage regulation panel6:24 - Please raise responsibly: Ford green bond12:16 - Deep discussion: Q2 earnings
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Sep 1, 2022 • 26min

The Fed, LBOs and a weird second quarter, with Jeremy Burton of PineBridge Investments

Labor Day beckons, which means it's nearly the end of summer — and it's been a weird one. As we try to make sense of yet another strange post-Covid season for credit markets, our US editor Will Caiger-Smith sits down with Jeremy Burton of PineBridge Investments to discuss the Fed, the LBO market and second quarter earnings.
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Aug 25, 2022 • 26min

PDA, redemption mechanics trends

The 9fin content and analytics team wraps up the week's activity, co-head of European HY research Brian Dearing and credit analyst Nathan Mitchell discuss trends in redemption mechanics and distressed analyst Emmet McNally tells loans reporter Kat Hidalgo all about the issues facing domestic appliances manufacturer PDA.0:00 - Intro1:03 - Levfin Wrap1:38 - Covenant close-up: Redemption mechanics trends11:47 - Deep discussion: PDA

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