U.S. credit trends are likely to deteriorate in 2Q25 as the outlook for trade, economic growth and inflation worsens amid the escalating trade war and continued policy volatility, says Fitch Ratings in a new report.The latest U.S. tariff announcements and retaliation by trade partners sharply exceeded the already steep rises Fitch previously assumed, prompting a special update to lower U.S. and global growth forecasts by 0.5pp and 0.4pp, respectively. We expect U.S. annual growth in 2025 to slow
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April 21, 2025 @ 08:15 AM
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U.S. Bank announced Dan Son as the new head of its Working Capital Finance division. Son replaces Sam Philbrick, who is retiring after 45 years in banking, including 18 years at U.S. Bank in which he helped grow the asset-based finance business into a top national franchise.Son will be responsible for the development, coordination and delivery of working capital solutions from across the bank for clients. The Working Capital Finance division includes several established product verticals
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April 24, 2025 @ 08:15 AM
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MSCI and Moody’s Corporation will jointly create a first-of-its-kind solution to provide independent risk assessments for private credit investments at scale.As the private credit market continues to evolve and grow, the need for consistent standards and better tools has become essential for investors to assess, compare and communicate the risk of their investments.MSCI offers a unique and comprehensive universe of high-quality private capital data, sourced from original documents provided by
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April 21, 2025 @ 08:10 AM
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GoldState Music, a premier music rights investment platform has raised US$500 million in strategic capital, including a structured capital facility co-led by Northleaf Capital Partners and Ares Management funds as well as separately raised leverage. Additional terms of the private transaction were not disclosed.“Our new relationship with Northleaf and Ares marks the next step in the evolution of our music investing strategy,” said Charles Goldstuck, Founder and Managing Partner of GoldState.
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April 21, 2025 @ 07:10 AM
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Chomps, the fastest-growing snack brand in the U.S. and maker of high-quality meat snacks, has secured a new $100 million revolving line of credit with Wells Fargo.The credit will provide Chomps with increased financial flexibility to support continued expansion across all aspects of its business. These funds will be strategically allocated to expand the company’s production capacity and capabilities, expand operations, and support ongoing retail programs and marketing initiatives."Our
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April 25, 2025 @ 07:58 AM
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