The trade group's revised templates are the default starting point for direct-lending documentation, and a short list of clarifications still moves the terms of the next wave of deals.

August 22

The trade group's landmark survey promises a common measure of size and leverage; the release offers no figures and no commitment to repeat the work.
Aug 22

Two managers brought $756 million of CLO paper to market this week, extending a reset wave that now governs which private credit managers can keep their cost of capital low.
Aug 21

Onex, KKR, Ares and Kennedy Lewis repriced seasoned vehicles, showing where private credit liability demand stands.
Aug 20
The three-year facility puts PGIM's asset-based finance platform at the consumer end of the housing value chain.
August 20
Large unitranches and semi-liquid fund redemptions are driving early volume, even as Europe's take-off lags.
August 20
A CLO specialist's infrastructure team is taking holding-company risk inside Anthropic's $16bn Texas data center buildout.
August 19
Roughly $970 million of CLO paper cleared without forcing issuers to pay up.
August 19
A fast-track NAIC review will decide whether insurers can book Apollo's AMAPS and APADS as bonds, setting the cost of insurance capital for private credit securitizations.
August 19
Carlyle's new European liquid credit head expects an influx of CLO managers to compress the trade's returns further.
August 19
Creditflux reports Carval CLO XIII-C, a $505m new issue in the US CLO market.
August 19
The mid-market specialist's repeat deal signals CLOs are now a routine funding tool.
August 19
Twelve of 22 deals were follow-ons, and the platform's deployment hit a record.
August 19
Connection Capital argues durable defence opportunities sit with founder-led, software and dual-use technology companies below the major contractors.
August 19
PDI points allocators to investment-grade and asset-backed paper in Latin America; heavy-handed local regulation is the obstacle.
August 18
The reset lowers the vehicle's cost of capital and stretches its reinvestment horizon to 2031, per ACI.
August 18
Total debt coverage is back near its high-water mark while platform senior lending stays at a cycle low.
August 18
Tier-one pricing helped keep nearly 90% of the existing investor base in. The third CLO is next.
August 18
Conservative leverage and active portfolio management, the firm's executives tell Private Debt Investor, will separate the managers who hold the line from those who don't.
August 18
The static, non-reinvesting deal turns an existing KKR portfolio into rated term funding while direct-lending volume stays thin.
August 18
A distressed-debt specialist takes the other side as two big private-credit managers trim the same 2028 term loan.
August 18
The bank's new Capital Solutions mandate puts it next to the fund-finance business private credit runs on.
August 18
The LSTA's model provisions apply its syndicated loan forms to private credit, with a blackline to show the changes.
August 18
Avoca XXI and Sculptor CLO VI reset through Citi and JPMorgan, a sign that seasoned European collateral still has carry.
August 18
Repeat issuers hold new-issue spreads at 121 basis points while the direct-lending calendar turns quiet.
August 18
The trade group's second-quarter read on loan officer opinion is reserved for members.
August 18
A sponsored feature argues the segment's pricing premium and protections go to lenders who stay committed.
August 18
Memorandums of understanding could open a new private credit channel for AI infrastructure, but the hard terms are not public.
August 18
HPS says AI infrastructure loans are judged on counterparty strength, not technology calls.
August 18
The firm's second-half outlook sees direct lenders pushing maturities past the wall.
August 17
Minority stakes are turning into full buyouts in private credit's 2026 M&A wave.
August 17
A quarter-over-quarter collapse of this size resets near-term calculations for lenders and allocators.
August 16