Private credit lenders are increasingly offering borrowers more flexibility on debt repayments, allowing companies to delay cash obligations as pressure builds across the sector. The growing use of payment in kind structures reflects an effort to avoid immediate defaults while maintaining portfolio stability. This trend is emerging as both lenders and borrowers face mounting challenges, […]
The rapid build-out of artificial-intelligence infrastructure is poised to exert pressure across the full spectrum of debt markets, according to a report by JPMorgan. The investment bank estimates that approximately $1.5 trillion in investment-grade bonds alone will be required over the next five years to finance data-centre capacity needed for AI expansion. This figure excludes […]
Introduction Emerging market economies have long relied on access to U.S. dollar liquidity to finance growth, service debt, and engage in international trade. However, recent developments in global financial markets have posed significant challenges to this access. Tightening global financial conditions, characterized by rising interest rates and reduced liquidity, have made it more difficult for […]
