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Cloud 9fin

9fin
Private Credit
Clos
Liability Management
Restructuring
Private Equity
Leveraged Finance
Tariffs
Leverage Finance
Collateralized Loan Obligations
Bankruptcy
Debt Restructuring
Interest Rates
Ardagh
Investment Strategies
Direct Lending
Credit Agreements
Private Credit Market
Debt Market
Market Volatility
M&A

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 pr... more

PublishesTwice weeklyEpisodes278Founded5 years ago
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Recent Guests

William D. Cohan
Former investment banker, prominent financial journalist, and author of Money to Burn
Puck News (founder)
Episode: William Cohan reveals how Apollo and Leon Black ushered in the private credit boom amid fortune and scandal
Bill Derrough
Managing Director and Chairman of the Capital Structure Solutions Group at Jefferies
Jefferies
Episode: LME Doomscrolling — Just because you can, doesn’t mean you should
Sasha Padbidri
Deputy Editor, LevFin coverage for 9fin
9fin
Episode: Syndication Nation — Will rescheduling light up the cannabis debt markets?
Aditya Anand Kumar
Distressed Debt Reporter at 9fin
9fin
Episode: Distressed Diaries — Are football clubs paying too much for their boots?
Owen Ormond
Restructuring partner at Ward Hadaway
Ward Hadaway
Episode: Distressed Diaries — Are football clubs paying too much for their boots?
David Karp
Partner at Polsinelli; chair of restructuring practice and co-head of special situations and alternative investments
Polsinelli
Episode: Jane’s LME Addiction — BofA drops in on a double Black Diamond navigating uncharted DQ litigation slopes
Tom Quinn
Reporter at 9fin who co-authored the article with Maria Heater
9fin
Episode: Jane’s LME Addiction — BofA drops in on a double Black Diamond navigating uncharted DQ litigation slopes
Rachel Strickland
Attorney at Ropes & Gray
Ropes & Gray
Episode: Eat, sleep, drive — Breaking down the Del Monte, Serta & American Tire trifecta
Eliza Hollander
Attorney at Ropes & Gray
Ropes & Gray
Episode: Eat, sleep, drive — Breaking down the Del Monte, Serta & American Tire trifecta

Host

Jane Komsky
Multiple appearances as a host and contributor across debt and LME-focused episodes

Reviews

5.0 out of 5 stars from 87 ratings
  • Insightful & Timely for Anyone in the Credit Industry

    Cloud 9fin’s podcast provides timely, and engaging commentary on everything involving the credit markets. Particularly a big fan of Jane’s LME Addiction and any episode with Jane Komsky as her legal and market commentary are on point and insightful.

    Apple Podcasts
    5
    MMRestructuring
    United States2 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Guests consistently bring high-level expertise to complex cases.
Actionable credit insights that stay grounded in deal mechanics.
Strong emphasis on private credit and distressed markets makes it ideal for professionals in those spaces.
Content leans technical; accessible to practitioners, not casual listeners.

Talking Points

Recent interactions between the hosts and their guests.

Syndication Nation — Will rescheduling light up the cannabis debt markets?
Q: To start off, what does rescheduling mean and why is this happening?
Rescheduling refers to moving cannabis from schedule one to schedule three, which would allow broader tax relief and potentially reduce the stigma of lending to cannabis companies, opening up more traditional debt financing options and even shaping future bankruptcy possibilities.
Jane’s LME Addiction — BofA drops in on a double Black Diamond navigating uncharted DQ litigation slopes
Q: What are the three core questions the court must answer?
The court must decide (1) whether Bank of America should have closed and settled the trade on name alone given that CSLL and Black Diamond were different entities in name, (2) whether there was an economic equivalent if the trade could not close, and (3) whether actions were taken 'as soon as practicable' to resolve the issue, including any attempted restructurings or alternative settlements.
Jane’s LME Addiction — BofA drops in on a double Black Diamond navigating uncharted DQ litigation slopes
Q: What made this case reach litigation rather than being settled out of court?
The dispute arose from a significant $9 million delta between the purchase price and the eventual liquidation value, and from unresolved questions about liability for the post-trade actions and the adequacy of the DQ-list framework. The combination of a contested owner identity, the timing of KYC and DQ-list updates, and disputed voting directions pushed both sides toward litigation to resolve who should bear the loss and under what terms.
Eat, sleep, drive — Breaking down the Del Monte, Serta & American Tire trifecta
Q: Do you think any court got it exactly right or wrong?
Goldblatt's approach in American Tire seemed closest to market realities, balancing the mechanics of payment with the realities of pre-petition and post-petition protections, though the debates show no perfect consensus.
Eat, sleep, drive — Breaking down the Del Monte, Serta & American Tire trifecta
Q: Is there a real difference among the documents, or are these apples to apples beyond case origins?
No, the pro rata sharing language tends to be largely the same across large-cap credit agreements, with only margin tweaks; the core mechanics and concerns about dips and participation remain consistent.

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Frequently Asked Questions About Cloud 9fin

What is Cloud 9fin about and what kind of topics does it cover?

This program concentrates on leveraged finance, distressed debt, and private credit, with episodes featuring a blend of portfolio strategy, restructuring, and market mechanics. Listeners can expect deep dives into private credit funds, LME dynamics, bankruptcy and insolvency cases, and risk/return tradeoffs in real-world deal structures. A standout pattern is the frequent pairing of seasoned insiders with legal and financial experts to dissect complex financings, private equity creches, and capital structures, often tied to high-profile distress cases, large mergers, or sector-shifting macro themes. The show's strength lies in moving between case studies, macro-credit theses, and practical implications for lenders, funds, and investors, mak... more

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Cloud 9fin launched 5 years ago and published 278 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Cloud 9fin?

Recent guests on Cloud 9fin include:

1. William D. Cohan
2. Bill Derrough
3. Sasha Padbidri
4. Aditya Anand Kumar
5. Owen Ormond
6. David Karp
7. Tom Quinn
8. Rachel Strickland

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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