Real Estate

Private Credit Steps In as Early Power Commitments Swell in Race for AI-Infrastructure Buildout

Reporting: Caroline Hagood, Geoff Burrows As the race to build out AI infrastructure heats up, developers are scrambling to secure power needed to support the next wave of computing capacity well before the data centers come online. But getting access to power requires substantial upfront...

Published on Nov 6, 2026

Megawatts, Microchips and Meltdowns: Fragility in the AI Value Chain

Published on Oct 28, 2026

Sino-Ocean and Beyond: The Rise of English Restructuring Plans in Asia

Published on Oct 23, 2026

Global Liability Management Quarterly: Optimum Lenders Challenge Company’s Transaction; Merlin Entertainments Uses Pari Plus for Refinancing; Aston Martin Moves Assets Away From Secured Lenders; Lai Sun Completes Its Exchange

Americas Credit Research: Jared Muroff, CFA; Johan Pascual Americas Legal Analysis: Kevin Eckhardt; Mitch McVeigh Americas Covenant Analysis: Magnus Wieslander European Credit Research: Kornel Benoit, Rafi Rees European Reporting: Chris Haffenden, Farooq Baloch European Legal Analysis: Bart Capeci,...

Published on Oct 19, 2026

Volatility Drives Down AI Infrastructure Sentiment; CoreWeave, Zenith Arc Take The Pain 

Reporting: Ayse Kelce, Michael Haley, Geoff Burrows, Melina Chalkia Credit Research: Anton Gorbounov, CFA Relevant Items: Octus AI Infrastructure Deep Dive (May) Octus AI Infrastructure Update (July) Octus CoreWeave Deep Dive (March) Elevated market volatility driven by inflation fears has put a...

Published on Oct 15, 2026

Oracle Force Majeure Sparks Investor Anxiety Over Data Center Financing Documentation and Political Pushback

Reporting: Ayse Kelce Oracle’s recent force majeure notice at Project Jupiter has forced data center investors to rethink the scope of risks associated with local municipalities pushing back on data centers and how force majeure provisions map across various deal documentations, sources say....

Published on Sep 28, 2026

DISH Wireless Files Standalone Plan Ahead of Today’s Case Status Conference; Proposal Eliminates DBS Intercompany Claim Vote, Transfer of EchoStar Claims to EchoStar

Legal Analysis: Kevin Eckhardt Relevant Documents: Amended DISH Wireless Plan / Redline Amended DISH Wireless Disclosure Statement / Redline On Sept. 12, the DISH Wireless debtors filed a standalone amended liquidating plan separate from the jointly-administered DISH DBS debtors. The amended DISH...

Published on Sep 14, 2026

Primary Market Braces for Multibillion-Dollar Data Center Wave in Post-Labor Day Rush

Reporting: Melina Chalkia, Caroline Hagood Billions of high-yield debt tied to data centers is expected to hit the primary market as soon as this week, kicking off a post-Labor Day surge of deals financing the ongoing AI buildout. The flurry of deals, several of them led by Goldman Sachs, would...

Published on Sep 9, 2026

Dry Rivers, Live Fires: Europe’s High-Yield Summer; the Resilient and the Exposed From Europe’s Changing Climate Risk

Credit Research: Wayne Jambawo Relevant Document: El Niño Analysis Record-low river water levels and a severe wildfire season in Europe are hitting European high-yield issuers through six concurrent channels. To our mind, the most important credit consideration for investors is the risk that...

Published on Aug 14, 2026

Financials Sector Chapter 11s Surging Across All Liability Ranges

Legal Analysis: Jessica Steinhagen Data Analysis: Ian Howland, Johanna Schaaper, Gazi Shihab Consumer discretionary was the most frequent sector generating chapter 11s this week, including filings from New York restaurant operator SMF Group Inc. and MFG FL Dadeland LLC, the operator of F45 fitness...

Published on Aug 14, 2026