Latest Credit Market News

N1 Holdings delivered record settlement volumes and a 127% surge in quarterly cash receipts despite challenging market conditions, driven by disciplined funding and operational efficiency.

NoviqTech’s Coralia has teamed with Swinburne University to explore biochar’s role in reducing embodied carbon in concrete, targeting the booming data centre construction sector.

NoviqTech's subsidiary Coralia has inked a strategic MOU with A Healthier Earth, the climate-tech arm of Pure Data Centres Group, aiming to secure a long-term offtake of at least 70% of biochar carbon removal credits from its Great Barrier Reef project. The deal explores joint venture possibilities for a biochar production facility amid soaring demand driven by data centres and AI expansion.

Stonepeak-Plus Infra Debt Limited has successfully raised A$100 million through a wholesale placement of new INFRA1 Notes, extending its infrastructure debt investment capacity. The new notes will trade on the ASX from late May, reinforcing the company's ongoing capital raising momentum.

Abu Dhabi-based private equity firm Axight is set to acquire a minority stake in La Trobe Financial Group, with Brookfield Asset Management maintaining majority ownership and operational control.

PLS Group has upsized its senior notes offering to US$600 million at 6.875%, using proceeds to refinance A$375 million of debt and halve its revolving credit facility.

360 Capital Mortgage REIT has initiated an on-market buy-back and reaffirmed its FY26 earnings guidance, signalling confidence amid a narrowing discount to net asset value.

Centuria Office REIT has successfully refinanced $1 billion of debt, reducing margins by around 30 basis points and extending debt maturity to 4.3 years, with no expiries until FY29. This move signals strong lender confidence amid a volatile interest rate environment.

Pengana Global Private Credit Trust reported a robust half-year performance with $7.5 million net profit and a stable NAV of $2.00 per unit, supported by a $69 million capital raise and an 8.9% annual yield. Despite increased market volatility, the Trust’s diversified private credit portfolio remains resilient.

KKR Credit Income Fund reported a $7.1 million operating profit for the half-year ending December 2025, down sharply from last year, while reinstating its Distribution Reinvestment Plan and maintaining steady monthly distributions.

MA Credit Income Trust reported a strong half-year profit of $19.7 million, exceeding its return target, while successfully completing a $190.5 million capital raise and initiating a strategic buy-back to manage liquidity.

Santos Limited’s 2025 Annual Report reveals a robust operational and financial performance, highlighted by a 42% reduction in Scope 1 and 2 emissions and progress on major LNG projects Barossa and Pikka phase 1.