SPECIAL REPORT: The 50 Most Sustainable Companies — And More — Revealed When putting together your watch list, look for stocks with an 80 or higher RS Rating. Guidewire Software (GWRE) stock now meets that criteria, with a jump from 78 to 81 Friday. Â Hone Your Stock-Picking Skills By Focusing On These Factors IBD's proprietary RS Rating measures market leadership by showing how a stock's price movement over the last 52… Related news Stocks To Watch: Guidewire Software Sees RS Rating Rise To 81 10/12/2025Gu ...

Core Insights - The private credit landscape is evolving, demonstrating adaptability amid economic challenges, with a notable shift from traditional lending to private credit as a primary financing mechanism for middle-market companies [1][2] Group 1: Market Dynamics - Direct lenders are increasingly stepping in where banks are unable to provide financing, particularly due to macroeconomic uncertainties and tariff policies [2][4] - The private credit sector is experiencing a resurgence in deal activity, particularly in refinancings and growth financings tailored to middle-market needs [5][12] Group 2: Notable Transactions - ABC Technologies secured a $2.3 billion loan package to refinance existing syndicated debt, consisting of a $1.6 billion senior term loan and a $675 million junior tranche [3] - Sapiens International Corporation locked in a $1.145 billion debt stack to support Advent International's $2.5 billion buyout, highlighting private credit's role in leveraged buyouts [7][8] - Liquid Tech Solutions initiated an $807.5 million term loan B to replace prior private credit arrangements, indicating ongoing refinancing activity in the sector [5] Group 3: Financial Metrics - Middle-market private credit issuance increased by 12% week-over-week, reaching $4.2 billion across 15 deals, reflecting a robust demand for private credit solutions [12] - Leverage multiples averaged 5.2x EBITDA, down from 5.8x in the previous quarter, indicating a cautious approach from lenders [13] - Spreads remained steady at 650-750 basis points over SOFR, with 70% of volume in unitranche structures, which are preferred for their speed in financing sub-$1 billion borrowers [13] Group 4: Future Outlook - The thawing of tariff effects could potentially unlock $50 billion in stalled syndications, suggesting a positive outlook for the private credit market [14] - With $1.5 trillion in dry powder, direct lenders are well-positioned to capture additional market share, offering solutions that traditional banks may not be able to match [14]