Category Archives: Private Credit

Enova’s NetCredit Vehicle Closed $300.886 Million of 2026-A Consumer-Loan Notes:

HedgeCo.Net — NetCredit Combined Receivables B, LLC, a wholly owned indirect subsidiary of Enova International, issued $300,886,000 of asset-backed notes on August 21 in the ENVA 2… Continue reading

Blue Owl Finance Closed $750 Million of 6.750% Senior Notes Due 2036:

HedgeCo.Net — Blue Owl Finance LLC, an indirect subsidiary of Blue Owl Capital Inc., completed an offering of $750 million of 6.750% senior notes due August 18, 2036 on August 18. … Continue reading

Ninety One Closes Africa Credit Opportunities 3 at $404 Million:

HedgeCo.Net — Ninety One announced the final close of Africa Credit Opportunities Fund 3 at $404 million. Alternative Credit Investor reported the figure as commitments from instit… Continue reading

Northleaf Closes ~$450 Million Across NASF and Co-Invest Vehicles:

HedgeCo.Net — Northleaf Capital Partners announced on August 18 the final close of Northleaf Asset-Based Specialty Finance, its first dedicated low-correlation asset-based specialt… Continue reading

Blackstone Private Credit Prices $750 Million of 6.200% Notes Due 2031:

HedgeCo.Net — Blackstone Private Credit Fund priced $750 million of 6.200% notes due November 15, 2031 on August 17, with settlement set for August 19 on a T+2 basis. The free-writ… Continue reading

Neuberger’s First Tokenized Credit Fund Lands on Four Chains as HINC:

HedgeCo.Net — Securitize announced on August 18 the launch of the Neuberger Securitize High Income Tokenized Fund, or HINC. It is Neuberger’s first tokenized-fund subadvisory. The … Continue reading

Blue Owl Technology Finance Taps $400 Million of 6.5% Notes Due 2029:

HedgeCo.Net — Blue Owl Technology Finance Corp. (NYSE: OTF) priced $400 million of additional 6.500% notes due October 15, 2029 on August 17, a tap of the $500 million series issue… Continue reading

Homestead’s First Ag Credit Fund Closes With a $150 Million Pension Anchor:

HedgeCo.Net — Homestead Capital announced a first close on August 14 of its inaugural commingled agriculture private-credit fund, anchored by $150 million from the private-credit t… Continue reading

Star Mountain Closes a Rated CFO to Open Lower-Middle-Market Credit to Insurers:

HedgeCo.Net — Star Mountain Capital has closed Star Mountain CFO I, a collateralized fund obligation that lets insurers and other institutions buy investment-grade-rated paper back… Continue reading

Barings Private Credit Prices $350 Million of 6.5% Notes Due 2031:

HedgeCo.Net — Barings Private Credit Corporation priced $350 million of 6.500% notes due 2031 on August 13, a 144A and Regulation S placement that Reuters confirmed and that is exp… Continue reading

T. Rowe Price’s OHA Private Credit BDC Posts Income Cover Even as NAV Slips:

HedgeCo.Net — T. Rowe Price OHA Select Private Credit Fund, the non-traded BDC known as OCREDIT, reported second-quarter results Thursday that split the wealth-channel private-credit story in two: net investment income of $0.61 per share still covered a $0.60 quarterly […]

Moody’s Turns Negative on Blackstone and Golub Private-Credit Funds:

(HedgeCo.Net )— Moody’s decision to revise its outlook to negative on Blackstone Secured Lending Fund and Golub Capital BDC marks another important warning signal for the private credit market. The change does not mean either vehicle is in immediate distress. It […]