The United States Tennis Association is in talks with institutional investors to borrow at least $400 million of private credit to refurbish New York’s Arthur Ashe Stadium.
The United States Tennis Association is in talks with institutional investors to borrow at least $400 million of private credit to refurbish New York’s Arthur Ashe Stadium.
The Arthur Ashe stadium during the national anthem prior to the Men's Singles Final match of the 2025 US Open in New York, on Sept. 7. Photographer: Ishika Samant/Getty Images
The identity of an investor that dramatically boosted assets in State Street Corp.’s private credit ETF has been revealed as a $60 billion sovereign wealth fund that provides funding to Texas public schools.
The identity of an investor that dramatically boosted assets in State Street Corp.’s private credit ETF has been revealed as a $60 billion sovereign wealth fund that provides funding to Texas public schools.
Life insurance companies owned by private equity firms have quietly reshaped their portfolios, piling into higher-yielding alternative credit in a shift that’s entangled the industry with the broader financial system, according to researchers at the Federal Reserve Bank of Chicago.
Life insurance companies owned by private equity firms have quietly reshaped their portfolios, piling into higher-yielding alternative credit in a shift that’s entangled the industry with the broader financial system, according to researchers at the Federal Reserve Bank of Chicago.
The Apollo Global Management LLC office in New York.
Bank of Montreal’s investment banking unit is leading a $1.8 billion debt deal supporting the sale of Honeywell International Inc.’s productivity solutions and services business to industrial manufacturer Brady Corp.
Bank of Montreal’s investment banking unit is leading a $1.8 billion debt deal supporting the sale of Honeywell International Inc.’s productivity solutions and services business to industrial manufacturer Brady Corp.
A Bank of Montreal building in the financial district of Toronto.
Live Nation Entertainment Inc. has borrowed about €630 million ($742 million) in the private debt market to help finance its global investment in concert venues, people with knowledge of the matter said.
Live Nation Entertainment Inc. has borrowed about €630 million ($742 million) in the private debt market to help finance its global investment in concert venues, people with knowledge of the matter said.
The Live Nation logo Photographer: Gabby Jones/Bloomberg
Famed short seller Carson Block is placing bearish bets on some of the biggest corporate credit ETFs as a way to hedge the risk of economic malaise caused by AI.
Famed short seller Carson Block is placing bearish bets on some of the biggest corporate credit ETFs as a way to hedge the risk of economic malaise caused by AI.
Carson Block, chief executive officer of Muddy Waters Capital LLC, following a Bloomberg Television interview in London, UK, on Thursday, Nov. 21, 2024. Block said he's shorting the shares of cosmetics brand Elf Beauty Inc.
Default rates in direct lending will climb to 8% as advances in artificial intelligence continually disrupt the software industry, according to Morgan Stanley.
Default rates in direct lending will climb to 8% as advances in artificial intelligence continually disrupt the software industry, according to Morgan Stanley.
A Morgan Stanley logo hangs in the window of a retail brokerage office in New York, Thursday, July 28, 2005. Morgan Stanley, the world's biggest securities firm, is eliminating about 1,000 retail brokers to boost profitability in a business that trails Merrill Lynch & Co. and Citigroup Inc.
Oaktree Capital Management’s Danielle Poli says the moment for the distressed debt shop to scoop up the asset class in droves isn’t here yet as global credit markets remain relatively resilient.
Oaktree Capital Management’s Danielle Poli says the moment for the distressed debt shop to scoop up the asset class in droves isn’t here yet as global credit markets remain relatively resilient.
Danielle Poli, managing director and assistant portfolio manager of Oaktree, during a Bloomberg Television interview ahead of Bloomberg's Women, Money and Power conference in London, UK, on Wednesday, Oct. 1, 2025. The event will include debates and discussion between the world's most influential female voices in finance.
Technology companies have borrowed billions to fuel the rapid expansion of data centers for AI, but that demand is at risk of reaching a plateau before the debts are all paid back, according to Voya Financial Inc.’s investment arm.
Technology companies have borrowed billions to fuel the rapid expansion of data centers for AI, but that demand is at risk of reaching a plateau before the debts are all paid back, according to Voya Financial Inc.’s investment arm.
BARCELONA, SPAIN - 2026/03/02: AI data centers are seen on show at the Mobile World Congress 2026 (MWC) at the Fira de Barcelona. The GSMA Mobile World Congress one of the most important technology and communications trade shows worldwide, held annually in Barcelona, with the biggest technology and mobile companies from all over the world presenting their latest products. (Photo by Davide Bonaldo/SOPA Images/LightRocket via Getty Images)
Technology companies have borrowed billions to fuel the rapid expansion of data centers for AI, but that demand is at risk of reaching a plateau before the debts are all paid back, according to Voya Financial Inc.’s investment arm.
Technology companies have borrowed billions to fuel the rapid expansion of data centers for AI, but that demand is at risk of reaching a plateau before the debts are all paid back, according to Voya Financial Inc.’s investment arm.
BARCELONA, SPAIN - 2026/03/02: AI data centers are seen on show at the Mobile World Congress 2026 (MWC) at the Fira de Barcelona. The GSMA Mobile World Congress one of the most important technology and communications trade shows worldwide, held annually in Barcelona, with the biggest technology and mobile companies from all over the world presenting their latest products. (Photo by Davide Bonaldo/SOPA Images/LightRocket via Getty Images)
The biggest tech companies are gearing up to spend even more on artificial intelligence than investors had anticipated, and money managers increasingly fear that whatever happens, credit markets will get hit.
The biggest tech companies are gearing up to spend even more on artificial intelligence than investors had anticipated, and money managers increasingly fear that whatever happens, credit markets will get hit.
The biggest tech companies are gearing up to spend even more on artificial intelligence than investors had anticipated, and money managers increasingly fear that whatever happens, credit markets will get hit.
The biggest tech companies are gearing up to spend even more on artificial intelligence than investors had anticipated, and money managers increasingly fear that whatever happens, credit markets will get hit.
State Street Corp.’s $100 million private credit ETF got a shot in the arm after a big buyer injected a record amount of cash this week, putting it within reach of a key threshold — half a billion in assets.
State Street Corp.’s $100 million private credit ETF got a shot in the arm after a big buyer injected a record amount of cash this week, putting it within reach of a key threshold — half a billion in assets.
Investors have poured billions of dollars into companies leading the artificial intelligence boom, and a sharp drop in valuations would have dire consequences for the credit market and the broader US economy, according to Moody’s Ratings.
Investors have poured billions of dollars into companies leading the artificial intelligence boom, and a sharp drop in valuations would have dire consequences for the credit market and the broader US economy, according to Moody’s Ratings.
At least $3 trillion is set to flow into data-center-related investments over the next five years, capital that will rely on the might of multiple areas of the credit markets to provide, according to Moody’s Ratings.
At least $3 trillion is set to flow into data-center-related investments over the next five years, capital that will rely on the might of multiple areas of the credit markets to provide, according to Moody’s Ratings.
Construction work at an AI data center in Abilene, Texas, US.
At least $3 trillion is set to flow into data-center-related investments over the next five years, capital that will rely on the might of multiple areas of the credit markets to provide, according to Moody’s Ratings.
At least $3 trillion is set to flow into data-center-related investments over the next five years, capital that will rely on the might of multiple areas of the credit markets to provide, according to Moody’s Ratings.
Construction work at an AI data center in Abilene, Texas, US.