Private Credit – The Final Reckoning (Third of a Series)
We spoke recently to a C-suite executive of a global specialty chemicals company about how tariffs are affecting his business. He outlined his strategy to expand production in the US, but also how these plans were being stymied by the cost of importing equipment.
“There are some things today, cranes for example, that are only manufactured in China and Germany,” he told us. “You can’t get them here. And now tariffs make this equipment prohibitively expensive. It’s affecting our ability to grow here, production that would add hundreds of good jobs. I imagine this type of thing is happening across the country.”…
▶︎ Read June 23rd, 2025 Newsletter: here
Latest news
US leveraged loans returns turn negative in October
The Bloomberg US Leveraged Loan Index (Ticker: LOAN) has returned -0.26% this month through October 21, reducing its year-to-date return…
M&A activity begins to tick upward
In the third quarter of 2026, acquisition-linked loan volume across North America and Europe reached about $47 billion, up from $30.6 billion in Q2 and $29.5 billion a year ago.
