

Cloud 9fin
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.
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.
Episodes
Mentioned books

Jun 23, 2022 • 13min
From LBO to LB-no
If you're an investment bank, the leveraged buyout market is a dangerous place these days. This week, US editor Will Caiger-Smith brings 9fin's CEO Steven Hunter to the studio to discuss how financing buyouts became such a pain for Wall Street dealmakers — and who stands to benefit.

Jun 17, 2022 • 21min
Global ABS Wrap Up
In this special episode the Cloud9fin team discusses their experience of the Global ABS conference in Barcelona, speaks to delegates and gives you a special look into a panel discussion from the event.

Jun 9, 2022 • 13min
Maxar Technologies and Ukraine
Cloud 9fin goes for the W, as US editor Will Caiger-Smith dials up reporter William Hoffman to talk about Maxar Technologies. The satellite imaging company has been all over the news with its wartime images of Ukraine — has its credit profile caught up with this newfound fame?

Jun 1, 2022 • 16min
Laboratoire X.O, restricted subsidiaries, ESG webinar
The 9fin content and analytics team wraps up the week's activity, head of covenant research Caitlin Carey discusses why not all restricted subsidiaries are created equal and we discuss 9fin's 23 June webinar: "Diving into Sustainability-Linked Deal Terms." Distressed debt reporter Bianca Boorer also takes us through the fight between Novalpina agent BRG and lender Ares Management for Laboratoire X.O.0:00 - Intro0:53 - Levfin Wrap2:55 - Covenant close-up: Restricted subsidiaries7:10 - Please raise responsibly: Diving into Sustainability-Linked Deal Terms, a webinar09:30 - Deep discussion: Laboratoire X.O

May 26, 2022 • 22min
Tech troubles, with John McClain of Brandywine Global
Tech is selling off and laying off, retail earnings are down, the Twitter debacle is rumbling on — what does all this mean for leveraged finance? This week, 9fin's US editor Will Caiger-Smith dials up John McClain of Brandywine Global to digest the past two weeks.

May 19, 2022 • 20min
Financing football, restricted group, creative KPIs
The 9fin content and analytics team wraps up the week's activity, head of covenant research Caitlin Carey walks us through the restricted group concept and credit analyst Josh Latham discusses creative KPIs using rhino bonds as an example and analyses possible creative KPIs for Unilever Tea. Senior reporter Owen Sanderson also talks the recent LaLiga financing with loans reporter Kat Hidalgo.0:00 - Intro0:56 - Levfin Wrap2:17 - Covenant close-up: Restricted Group Concept7:37 - Please raise responsibly: Creative KPIs (Rhino bonds, Unilever Tea)12:13 - Deep discussion: Football Financing (LaLiga)

May 12, 2022 • 23min
The price isn't right, with Frank Ossino of Newfleet Asset Management
9fin's US editor Will Caiger-Smith chats with Frank Ossino of Newfleet Asset Management about recent market volatility, the impact of monetary policy on leveraged loans, and how the rising cost of issuance could affect struggling borrowers.

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