Leveraged finance, distressed debt, and private credit drive today’s markets. Cloud 9fin delivers expert insights on high-yield bonds, syndicated loans, direct lending, and debt restructuring. Join top analysts and investors as we explore credit markets, special situations, and private debt strategies shaping the industry. From credit risk assessment to institutional credit trends, each episode provides actionable intelligence for fund managers, institutional investors, and financial profess ...
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Credit Risk Assessment Podcasts
The "Risk Intel" Podcast was developed to share our collective insights and knowledge working within the Financial Services industry and invite other risk enthusiasts to the show to educate and promote proactive risk management. The show is hosted by Ed Vincent, CEO of SRA Watchtower, a leading SaaS provider of innovative risk management solutions, serving the financial services industry and beyond. Our suite of proprietary technology solutions and methodologies was built “by risk pros for r ...
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Currents is a podcast published by Norton Rose Fulbright that features in-depth discussions on the latest developments in project finance. The podcast is hosted by partner Todd Alexander, who interviews key business leaders and policy makers to investigate important trends affecting the energy and infrastructure space.
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Each week Doug Hoyes talks to industry experts about debt, money, and personal finance. Don't be confused; listen as the guest experts cut through the jargon and share practical advice.
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565 – Parents’ Debt In Your Name? Co-Signing Risks You Need To Know
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30:20When parents ask their adult children to co-sign a loan, add their name to a mortgage, or take out a car loan “for the family,” it can feel impossible to say no. But what are the risks? Ontario Licensed Insolvency Trustees Doug Hoyes and Ted Michalos break down the financial (and emotional) minefield of taking on debt for your parents. From credit …
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It has been a busy month for the Significant Risk Transfer (SRT) market as investors returned from the Global ABS conference in Barcelona earlier this month to a flurry of new deals, 9fin’s Celeste Tamers reported. In this episode of Cloud 9fin, US distressed debt reporter Ayden Crosby is joined by David Lucking, a partner in Linklater’s US structu…
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Ep304: Navigating the DOJ’s New FCPA Guidance
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18:16Keith Rosen, a Norton Rose Fulbright partner, explains the Department of Justice’s updated guidance on enforcing the Foreign Corrupt Practices Act and discusses how it will affect US companies developing infrastructure projects overseas.By Norton Rose Fulbright
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S3 | E19: Cyber Risk in Focus: The Regulatory Shift and What It Means for You
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29:04The Risk Intel podcast welcomed back Josh Magri, CEO of the Cyber Risk Institute (CRI), for a timely Part 2 conversation focused on the evolving cybersecurity regulatory landscape and what it means for community financial institutions. As the FFIEC Cybersecurity Assessment Tool (CAT) is scheduled to sunset on August 31, 2025, Josh offers a roadmap …
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In this episode of Cloud 9fin, Tanvi Gupta, global head of CLOs at 9fin, talks with Sumer Chopra, director at Alumia, to discuss how CLOs have gone from an exotic to an essential product in the eyes of institutional investors. They discuss what’s led to the boom of family offices allocating to CLOs, double-Bs and single-Bs outperforming CLO equity,…
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564 – What New Canadians Should Know About Credit and Debt
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30:20For many newcomers to Canada, the Canadian credit system can feel like a high-stakes challenge. Although it's essential for building a financial life, aggressive lending practices, cultural mindsets around credit, and a lack of clear guidance can lead to overwhelming debt before fully understanding how the system works. In this essential episode, O…
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Distressed Diaries — Cerba creditors' patience gets tested
26:46
26:46
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26:46We are back to France — the current epicentre of European credit stress — for our second episode of Distressed Diaries. Over the last few months, French lab company Cerba’s debt has taken a beating as fears mount over its unsustainable €3.8bn capital. Most recently, 9fin reported that creditors have started to organise and appointed legal advisors …
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Ep303: Scaling Clean Energy Access Through Community Solar
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20:22Jorge Vargas, CEO of Aspen Power, joins us to discuss the evolving landscape of community solar in the US. He shares how Aspen is expanding access to clean energy through innovative partnerships, strategic development, and a focus on emerging markets.By Norton Rose Fulbright
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S3 | E18: Cyber Risk in Focus Evolving Threats and the Sunset of the CAT Tool
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27:07The cybersecurity landscape is changing fast. And for financial institutions, one of the biggest shifts on the horizon is the sunsetting of the FFIEC Cybersecurity Assessment Tool (CAT) in August 2025. In this episode of the Risk Intel podcast, Josh Magri, President and CEO of the Cyber Risk Institute (CRI), joined host Edward Vincent to unpack wha…
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President Donald Trump’s much anticipated ‘Liberation Day’ sent global markets into a tizzy in April, but how did private credit firms react? During what we have termed the ‘Deliberation Days’ of Q1, private credit investors were scrambling to mitigate potential tariff risks as best they could but they were also on the offensive. Elijah Jackson’s l…
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563 – Debt: The New Normal? Comparing Boomer and Millennial Mindsets
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30:37Boomer budgeting tips collide with millennial money challenges in this candid conversation about debt, savings, housing costs, and the rise of gig-work income. Whether saving for a first home or paying off old credit cards, this episode bridges the generation gap with actionable insights for any age, complete with tried-and-true tactics Boomers sti…
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Ep302: Insights from the 2025 kWh Solar Risk Assessment
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23:11Jason Kaminsky, CEO of kWh Analytics, returns to discuss key findings from the 2025 Solar Risk Assessment report. The report highlights growing threats from extreme weather. We also discuss how AI is being used to improve data analysis and the rising importance of cybersecurity and battery safety in renewable energy. The 2025 Solar Risk Assessment …
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S3 | E17: Putting Data Strategy Into Action: From Whiteboard to Real-World Impact
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18:57Organizations across the financial sector are investing more time and energy into data strategy, but many still struggle to move from planning to execution. In this episode of the Risk Intel Podcast, Jeff Fink returns for Part 4 of our Data Strategy series, sharing tactical guidance on how to operationalize a data strategy and deliver real business…
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Syndication Nation — My neck, my back, my EBITDA-T addback
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12:28In this week’s episode of Syndication Nation, a podcast dedicated to all things leveraged finance-related, 9fin deputy editor Sasha Padbidri and head of legal James Wallick have put together a terrible headline and a great conversation on the emergence of President Donald Trump’s tariff language in new issue debt documents. For more details (and te…
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Jane’s LME Addiction — Rachel Murray will fix your capital structure
11:51
11:51
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11:51In this episode of Jane’s LME Addiction, our head of LME coverage Jane Komsky brings in Rachel Murray, a managing director at Moelis, to discuss how today’s restructuring environment compares to the Covid era and how that experience can guide clients. They discuss what makes an LME effective, in addition to current trends and techniques that are sh…
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562 – Canada’s Credit Score Crisis: Does France's No Score System Reveal A Better Way?
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30:24Have you ever wondered what life would look like if your credit score didn’t exist? Licensed Insolvency Trustees Doug Hoyes and Ted Michalos compare Canada’s score-driven system with France’s radically different, no-score approach. You’ll learn: How France decides who can borrow—without a three-digit score. The cultural attitudes that shape lending…
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Ep301: Making Tax Credits Work for Clean Energy
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36:43Alfred Johnson, CEO of Crux, discusses how Crux is streamlining clean energy financing through a marketplace for transferable tax credits, insights on market growth, recent policy changes and more.By Norton Rose Fulbright
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In this episode of Cloud 9fin, Tanvi Gupta, global head of CLOs at 9fin, talks with Yang Xu, CEO at City Hall Capital, to discuss the growth of family offices allocating to CLOs. They talk about how CLO equity and mezz ticks all the boxes for family offices, the need for more double-B CLO funds, captive equity vs third party equity funds, and how C…
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S3 | E16: The Data Strategy Divide: Why Reports Aren’t Enough
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12:14
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12:14Ed Vincent, host of the Risk Intel Podcast, welcomed Jeff Fink back to the show for part three of their Data Strategy Series. This week's insightful conversation dives deep into the distinction between data strategy VS reporting, which is a critical yet often misunderstood area for community financial institutions aiming to become truly data-driven…
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561 – Zombie Subscriptions: How To Spot And Cancel Hidden Budget Killers
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30:25Zombie memberships are real – and they’re feasting on your budget every month. Forgotten fitness app? Digital subscription you thought was cancelled? Auto-renewals can quietly drain your finances if you're not paying attention. Doug Hoyes and Ted Michalos discuss why some subscriptions are so easy to miss, and how to track, cancel, and avoid them g…
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Syndication Nation — Warner Bros Discovery on fallen angel watch
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14:19In the inaugural episode of Syndication Nation, 9fin’s podcast on all things syndicated debt, deputy editor William Hoffman joined US managing editor Bill Weisbrod to talk about his recent coverage of Warner Bros. Discovery and its $37bn of debt to high yield by S&P. They discussed what led to the downgrade, the prospects for the company reaching f…
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Ep300: Decoding the House Bill: Impacts on Energy Tax Credits
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15:53Keith Martin, Norton Rose Fulbright partner, breaks down the latest US legislative changes affecting renewable energy tax credits, including last-minute amendments and their implications for solar, wind, hydrogen and carbon capture projects.By Norton Rose Fulbright
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S3 | E15: Defining A Data Strategy: What a Data Strategy is - and Isn’t
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8:28
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8:28In this episode of the Risk Intel Podcast, Ed Vincent welcomes back Watchtower’s Chief Product Officer, Jeff Fink, to kick off a multipart series on creating a data strategy. A hot topic for many community banks and credit unions wanting to modernize their internal processes on how they handle data, collect it and how do they leverage data to achie…
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Managing global loan data from the middle
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35:13In today’s market, speed of information and up-to-the-minute accuracy are essential in portfolio management. With that in mind, Chase Collum, head of podcasts at 9fin, sat down with Scott Alintoff at FIS to discuss how lenders can ensure they’re staying ahead in these turbulent times. In this third of a series of discussions, Scott shares a high le…
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560 – Legal Actions Creditors Can Take in Canada (And How to Protect Yourself)
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30:37What legal actions can creditors take if you stop paying your debts? From collection calls to lawsuits and wage garnishments, Licensed Insolvency Trustees explain the real timeline of creditor actions—including how the CRA (Canada Revenue Agency) collects without going to court, and how to avoid scams when seeking help. ✅ Know your rights✅ Understa…
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Ep299: FEOC Restrictions: The House Passed Foreign Entity of Concern Restrictions
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25:42Kristina Costa and Ted Lee, who were involved in FEOC guidance at the White House and Treasury during the Biden administration, and Kyle Sweeney with the NYU Tax Law Center, join us to discuss their concerns with the FEOC restrictions in the budget reconciliation bill that passed the US House this week.…
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Distressed Diaries — Fly on the wall to Altice France debt negotiations
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24:51Altice France’s restructuring negotiations has been one of the hottest talks of the distress town since last year. With the company now preparing to enter into accelerated safeguard proceedings, we went through what happened so far in our inaugural episode of Distressed Diaries — a brand new 9fin podcast series focused on distressed debt in Europe.…
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S3 | E14: How to Start a Data Strategy From Nothing: Make the Mind Shift From Stuck To Start
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27:56For many community banks, embarking on a data strategy can feel like an overwhelming endeavor. Limited resources, small teams, and the misconception that “big data” is only for large institutions often lead to inertia. But as discussed in the latest Risk Intel episode with Jeff Fink, the real differentiator in today’s competitive banking landscape …
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559 – Denied Credit? The Survival Guide for Emergency Situations
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29:43Denied credit when you need it most? Learn why creditors reject credit and loan applications and what steps you can take next. This guide covers real solutions to dealing with emergency credit denial, from avoiding payday loan traps to protecting yourself financially in tough times. Doug and Ted also recommend using the links below to access your f…
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Ep298: Summary of Tax Provisions from House Ways and Means Committee
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19:07Hilary Lefko, Norton Rose Fulbright partner, joins us to discuss the Republicans' proposed plans for the future of renewable tax credits to be folded into the budget reconciliation bill later this year.By Norton Rose Fulbright
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Canyon Partners’ Sheffield and Barzideh talk opportunistic credit
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18:08US tariff policy has unleashed economic uncertainty both domestically and elsewhere. Even after a de-escalation of the worst trade tensions with China, things are still unclear. In this episode of Cloud 9fin, distressed debt reporter Max Reyes sits down with Canyon Partners opportunistic credit co-heads Chaney Sheffield and Jonathan Barzideh to bet…
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558 – What It Means To Be House Poor And How To Avoid It
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30:40What does it mean to be house poor in today’s Canadian economy? With home prices rising much faster than wages, more people are stretching their finances to buy property, only to find themselves stressed, overleveraged, and without a financial safety net. We explore how the definition of "house poor" has evolved, the role gig work and income instab…
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Ep297: Energy Management for Data Centers
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20:09
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20:09Michael Stadler, CTO of Xendee, discusses how microgrids are designed and operated to minimize costs, enhance reliability and achieve emissions goals. He explains how microgrids can address the growing electricity demand driven by AI and the challenges of utility upgrades and discusses the benefits of technologies like combined heat and power syste…
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Here at 9fin, we pride ourselves on being private credit enthusiasts. And that means covering all parts of the market, big or small. This includes all the nascent and niche areas like venture debt and tech lending. In this episode of Cloud 9fin, senior private credit reporter Peter Benson sits down with Ron Daniel, co-founder and CEO of Liquidity G…
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557 – How To Avoid Car Financing Mistakes In 2025
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31:17Loans are getting longer, interest rates are getting higher, and that shiny new car? It could lead to serious debt. We dive into Canadian data to help you make informed choices when it comes to buying, leasing, or walking away from a car loan that no longer makes sense. Can I Buy a Car With Bad Credit? Car Buying Options Keep You In a Debt Cycle Ho…
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Ep296: Ascend Analytics CEO on Navigating the Energy Market
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26:32Gary Dorris, CEO of Ascend Analytics, discusses how his company uses software and data to understand the economic dynamics of energy supply. He explains the complexities of predicting power prices due to the increasing influence of renewables and storage and the importance of advanced computing and machine learning in optimizing asset management.…
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New organ, old body — how to avoid 'tissue rejection' in private credit restructurings
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35:11Generally speaking, lenders don’t lend money to companies with the intention of ending up as equity owners. But things don’t always go to plan. And anyone who’s been there can tell you that the hard truth for certain companies is that no plan could have ever saved it — or as Jon Weber would say: “If the baby’s ugly, the baby’s ugly.” In this week’s…
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556 – Is Debt Fatigue Holding You Back? Strategies for Renewed Focus
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Ep295: Giraffe Financial CEO on Tax Credit Monetization
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17:45Jason Prince, CEO of Giraffe Financial, discusses tax credit monetization and the challenges and opportunities in the evolving landscape of climate incentives, including dealing with transaction costs and regulatory compliance, as he explains Giraffe Financial’s approach to make tax credit monetization accessible and efficient.…
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Private credit terms in the time of tariffs
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14:49A seemingly endless cycle of tariff pronouncements and delays has been sending stocks and liquid debt markets on a roller coaster ride in recent weeks. But what does ever-changing US tariff policy and associated market volatility mean for private credit firms? How do direct lenders keep protect themselves from the fallout and what are the key point…
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555 – The Future of Canadian Savings: Are We Saving Enough for What's Ahead?
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30:20Saving money: the basic idea is easy, but the reality for Canadians often presents unexpected challenges. Join trusted Ontario experts Doug Hoyes and Ted Michalos as they discuss “saving” in today’s challenging economy. Learn how to calculate your personal savings rate, understand the obstacles many face (and strategies to overcome them!), and disc…
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Ep294: Navigating Utility-Scale Solar and BESS Development in 2025
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34:44Sabah Bayatli, president of OCI Energy, discusses the evolving policy and regulatory landscape shaping utility-scale solar and energy storage development in the US, including tariffs, the Inflation Reduction Act, interconnection challenges and contracting strategies and also explainsOCI Energy’s approach to geographic and technological diversificat…
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Tariff volatility offers opportunities for CLOs
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26:03In this episode of Cloud 9fin, Tanvi Gupta, global head of CLOs at 9fin, talks with Carlyle’s Lauren Basmadjian, global head of liquid credit, and Matt Maxwell, head of US loans, to discuss how CLO managers are positioning themselves in the current tariff induced volatility. They talk about taking advantage of the dislocation in the market, sector …
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554 – AI Scams & Debt: Staying Safe in a New Era of Fraud
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30:28Artificial intelligence is no longer just a futuristic concept – it's actively reshaping the landscape of scams and posing a significant threat to your financial well-being. Are you prepared for this new era of fraud? In this episode, we delve into the alarming ways AI is being used to create more sophisticated and personalized scams that could dir…
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Four industry experts discuss what to expect from current financing structures for data centers. The four are Claus Hertel, managing director, Rabobank, Melih Ileri, SVP capital markets and strategy, DC BLOX, Mike Johnson, vice president, Nomura and Tim McGuire, senior director, project finance, Rowan Digital Infrastructure. The moderators are Chri…
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Jane’s LME Addiction — Dan Kamensky will Fight for Your Right(s)
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22:02In this episode of Jane’s LME Addiction, our head of LME coverage Jane Komsky brings in founder and board member of Creditor Rights Coalition, Dan Kamensky, to discuss treatment for similarly situated creditors within liability management exercises. They discuss when disparity in treatment becomes an issue, lender tools to fight back, and where adv…
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S3 | E13: 2025 Top Emerging Risks: Preparing for the Unpredictable
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23:05In this episode of the Risk Intel Podcast, host and SRA Watchtower CEO Edward Vincent invited CFO/CRO Shawn Ryan to the show to discuss the top emerging risks facing financial institutions today. Their discussion, enriched by insights from the NC State University ERM Initiative "13th Annual Executive Perspectives on Top Risks Survey," sheds light o…
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In private credit, smaller is sometimes better
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18:44On why some lower middle market lending specialists like to stay investing in companies with a sub-$50m EBITDA, they like to joke that it is because they like covenants. With some larger private credit managers jostling for deals at the upper end of the middle market, a larger number are sticking to their knitting in focusing on financing those sma…
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Ep292: Tariff Impact on the Infrastructure Sector
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16:35Stefan Reisinger, Norton Rose Fulbright partner, joins us to discuss the newly imposed tariffs and how they may affect the infrastructure industry.By Norton Rose Fulbright
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533 – Debt & Neurodiversity: Understanding the Connection and Finding Solutions
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34:57Ever feel like managing money comes with its own set of challenges? If you're neurodivergent, those challenges can sometimes feel amplified. In this episode, we welcome Licensed Insolvency Trustee Maureen Parent and dive into the crucial intersection of neurodivergence and debt, exploring how executive dysfunction, time blindness, and impulse spend…
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