December 2025
Troubled Humm says it received a $385m takeover offer – a month ago
The bid from debt collection specialist Credit Corp was well above the failed proposal from the commercial lender’s own chairman Andrew Abercrombie.
November 2025
Dressed to distress: Hilco’s tactics at Cue give onlookers déjà vu
This is a similar move to Hilco’s work at Mosaic Brands, where it assumed control of the debt and called in administrators.
October 2025
Credit Clear pounces on UK market with debt collection acquisition; launches raise
Credit Clear’s chairman has put up his hand to subscribe to $8 million of the placement.
September 2025
Ratings agency Lonsec downgrades Metrics funds on governance concerns
The firm is the country’s ninth-largest business lender, and the changes have implications for financial advisors recommending key credit funds to investors.
May 2025
ATO applies to wind up distressed debt provider Archibald Capital
The tax office made the application on Monday afternoon after lodging a tax default notice on the company.
EQT finalises $500m refinancing for Fitness Passport
The banks include Barclays, BNP Paribas, Crédit Agricole, MUFG, Standard Chartered and a handful of EQT’s Asia-based lenders.
Five steps to managing debt in a cost-of-living crisis
Calls to debt helplines are climbing, an early indicator of stress in the housing and other markets. Here’s how to get on top of debt before it bites.
MA Financial teams with Sumitomo Mitsui, Monroe for $1.7bn US play
MA’s head of credit says smaller lenders that have rushed into private lending may struggle to survive amid a need for diversification.
April 2025
Billionaire Tim Roberts falls behind on his bills
Perhaps the Multiplex heir was just surprised to get an invoice from a business other than Mineral Resources.
Bain Capital nabs special situations managing director from Brookfield
Rahim Chunara spent four years at Brookfield and sat on the board of troubled hospital operator Healthscope as a non-executive director.
March 2025
SQM issues warning on private credit after uptick in bad loans
One of the largest ratings agencies said it was concerned by “questionable” practices and a lack of transparency in the non-bank lending sector.
Count Financial keeps some private credit in the family
Count took the bold step of telling advisers to sell off holdings in some private credit funds this month. But Realm products are still in favour.
Financial planning giant abruptly tells advisers to sell Metrics funds
Count Financial said it would also launch a wide-ranging review of private credit to assess whether the returns were still work the risk after recent turmoil.
The stressful life of Sydney’s left-of-field distressed debt broker
Ben Madsen has long had a low profile. Now he’s found himself the centre of unwanted attention, and is fighting for his home. Can he come back from the brink?
January 2025
Metrics takes control of Melbourne site to rescue $750m development
The private credit firm, one of the country’s largest, says taking over the project is the best way of protecting its investors after a sales process failed.
December 2024
Singapore’s CapitaLand nails $200m Wingate deal
CapitaLand confirmed its intended acquisition of Wingate for $200 million as the Asian real estate manager expands into private credit.
Brookfield-backed debt collection giant Panthera finds new owner
Privately owned credit agency Francom has emerged as the new owner of the company, which collapsed this year following a dispute between its founders.
November 2024
Private credit will lick its lips over Peabody’s $3.2b bridge loan
We’ve seen this movie elsewhere in Australian coal: a miner buys mines, and funds the deal with a short-term loan. Enter private credit.
September 2024
Digital debt collector worth $350m after big money raise
Business booms for InDebted when cost-of-living hits consumers. It has attracted new investors, including a super fund to back a rare valuation increase.
July 2024
This private credit fund is going big on companies failing ESG tests
Balmain Corporation said it had considered calling the strategy a “Vulture Series” – but decided naming it after a different bird of prey was more appropriate.