
Cloud 9fin
Leveraged finance, distressed debt, and private credit drive today’s markets. Cloud 9fin delivers expert insights on high-yield bonds, syndicated loans, direct lending, and debt restructuring. Join top analysts and investors as we explore credit markets, special situations, and private debt strategies shaping the industry.
From credit risk assessment to institutional credit trends, each episode provides actionable intelligence for fund managers, institutional investors, and financial professionals. Whether you’re tracking high-yield issuances, analyzing corporate debt, or uncovering distressed debt opportunities, we’ve got you covered.
Through its AI-powered data and analytics platform, 9fin provides everything you need to get your head around credit or win a mandate — all in one place. We help subscribers win business, outperform their peers and save time. Stay ahead in leveraged finance market trends—subscribe now for expert discussions on the forces moving global credit.
Latest episodes

May 6, 2022 • 20min
Inflation in Q2, Frankfurt Seminar review, Miller Homes
The 9fin content and analytics team wraps up the week's activity, legal analyst Alice Holian tells us about her experience at the Frankfurt Seminar for High Yield and Leveraged Finance in Europe, ESG analyst Jack David discusses recent trends in green bond issuance and discusses the ESG credentials of Miller Homes and Biofarma. Loans reporter Laura Thompson and senior reporter Owen Sanderson discuss the impact of inflation on the LevFin pipeline in Q2. 0:00 - Intro0:55 - Levfin Wrap2:59 - Covenant close-up: Frankfurt Seminar7:37 - Please raise responsibly: Miller Homes12:13 - Deep discussion: Inflation in Q2

Apr 27, 2022 • 16min
Decoding Twitter's deal
In case you haven't heard, Elon Musk is buying Twitter. So for this week's episode, our US editor Will Caiger-Smith quizzes Steven Hunter, 9fin's CEO, on the deal's structure, how it might come to market, and what Twitter might look like as a credit.

Apr 21, 2022 • 20min
Schur Flexibles Update, Asset Sales, Prisa
The 9fin content and analytics team wraps up the week's activity, legal analyst Alice Holian discusses how the asset sales covenant can expand RP capacity, credit analyst Alex Manolopoulos discusses Prisa's ESG-linked loans and gives some insight into carbon credit quality, and editor Chris Haffenden gives us an update on the ongoing distressed situation for Schur Flexibles. 0:00 - Intro0:51 - Levfin Wrap1:48 - Covenant close-up: Asset sales covenant7:12 - Please raise responsibly: Prisa11:46 - Deep discussion: Schur Flexibles

Apr 14, 2022 • 24min
US and Europe joint edition — Q&A with 9fin's editors
This week, Kat Hidalgo quizzes 9fin editors Will Caiger-Smith and Chris Haffenden on market trends across the Atlantic. They discuss the uptick in issuance as markets recover from the war in Ukraine, the attractiveness of loans versus bonds, sectors that are feeling the impact of inflation, and the potential for distress in first quarter earnings.

Apr 7, 2022 • 30min
Market Reopening, Loans Portability, SEC Climate Disclosures
Legal analyst Alice Holian and senior covenant analyst Brian Dearing discuss portability in loans and raise some red flags, ESG analyst Sam Stevens discusses the proposal for climate disclosures by the SEC, and loans reporter Michal Skypala and senior reporter Owen Sanderson talk about the nature of this week's market reopening.0:00 - Intro0:50 - Levfin Wrap2:14 - Covenant close-up: Loans portability13:47 - Please raise responsibly: SEC proposal for climate disclosure19:06 - Deep discussion: Market reopening

Mar 31, 2022 • 20min
The shifting private credit narrative, with Todd Koretzky of Allen & Overy
US editor Will Caiger-Smith catches up with Todd Koretzky, a partner at Allen & Overy, to discuss shifting narratives around private credit. From the growth of big-ticket deals to the convergence of terms between syndicated and private debt, how should market participants think about the seemingly unstoppable rise of non-bank financing in leveraged credit?

Mar 24, 2022 • 24min
Aviation Sector, Available Amount Interpretations, Clean Energy Transition
Legal analyst Alice Holian and senior covenant analyst Brian Dearing discuss how the available amounts concept can be interpreted, ESG analyst Jack David discusses the clean energy transition, and loans reporter Laura Thompson tells us about the current state of the aviation sector. 0:00 - Intro00:48 - Covenant close-up: Available amount interpretations9:52 - Please raise responsibly: Clean energy transition14:28 - Deep discussion: Aviation sector

Mar 17, 2022 • 21min
Changing dynamics, with Melanie Hanlon of Napier Park
US editor Will Caiger-Smith sits down with Melanie Hanlon, head of credit research at Napier Park Global Capital, to discuss changing dynamics in the primary and secondary loan market, second and third-order impacts of the war in Ukraine, and the evolution of ESG in credit.

Mar 10, 2022 • 27min
Ukraine-Russia conflict, Ontex Change of Control, Russian red flags
The 9fin content and analytics team wrap up the week's HY and leveraged loans (non-existent) deals, head of covenant research Caitlin Carey and senior covenant analyst Brian Dearing discuss Ontex's change of control provision, ESG analyst Sam Stevens discusses ESG red flags present in Russian society prior to the current sanctions and editor Chris Haffenden and senior reporter Owen Sanderson give us the latest on the Russia-Ukraine conflict's effect on European leveraged finance.0:00 - Intro01:40 - Covenant close-up: Ontex change of control9:30 - Please raise responsibly: Russian red flags14:28 - Deep discussion: Ukraine-Russian conflict

Mar 3, 2022 • 12min
Ukraine and its market impact
As Russia continues its invasion of Ukraine, US editor Will Caiger-Smith sits down with 9fin CEO and co-founder Steven Hunter to evaluate the conflict's impact on leveraged credit.
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