Summary
Please join senior analysts from S&P Global Ratings and direct lenders for a live interactive webinar focused on the evolving landscape of private credit and middle-market CLOs in 2026. The discussion will cover our outlook for credit-estimated companies, dynamics between the BSL and direct lending markets, any potential cracks forming among borrowers and the potential performance of middle-market CLO ratings during a downturn.
Key discussion topics include:
- Outlook for credit estimated companies.
- Competition between the BSL market and upper middle-market.
- How would MM CLO ratings perform in a downturn?
- Outlook for issuance in 2026.
Guest Speakers:
Kelli Marti, Head of CLO Management, Churchill Asset Management
Andrea Romano, Managing Director, Barclays Corporate & Investment Bank
Matthew Laurino, Managing Director, Blue Owl Capital
S&P Speakers:
Daniel Hu, Director, U.S. CLO, S&P Global Ratings
Ramki Muthukrishnan, Head of Non-Bank Financial Institutions, S&P Global Ratings
Moderator:
Stephen Anderberg, Sector Lead, U.S. CLOs, S&P Global Ratings