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Debtwire Middle-Market – 1/5/2026

The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 11.6% as of 5 January, versus its five-year peak of 12.8% on 8 April 2025) that tracks the overall performance of publicly traded business development companies (BDCs, are lenders to privately held middle-market businesses that tend to…

PDI Picks – 1/5/2026

Capital flowing into private debt funds Preliminary data shows capital raising enjoyed a reasonably prolific year in 2025, nudging ahead of the previous year’s total. Last year turned out to be a strong, if not spectacular, year for private debt fundraising globally. With the fourth quarter ending up the most prolific quarter of the year,…

Middle Market & Private Credit – 12/15/2025

North American Leveraged Finance Outlook 2026 Click here to download report. Fitch Ratings’ 2026 sector outlook for North American Leveraged Finance is neutral, reflecting broadly steady credit conditions across liquid markets and private debt. Most sectors carry neutral outlooks. Aerospace & Defense is the sole corporate sector with an improving outlook, while a handful are…

Bloomberg: Leveraged Lending Insights – 12/15/2025

Sponsors Tap Leveraged Loan Market for Dividend Payouts at Record Pace With just two weeks before the start of the new year, dividend issuance has reached an all-time high in the US leveraged loan market. At $32.9b year-to-date, new money issuance supporting dividends surpassed 2021’s $28.9b figure for the most on record since Bloomberg began…