This is our weekly newsletter on all things leveraged finance, from the latest trends to in-depth coverage, to people moves — sign up to get these updates in your inbox each week. If investors were really honest with themselves, most would admit to having no clue what DeepSeek was prior to this week — but, of course, that hasn’t stopped it from dominating discussions and column inches. As covered in our reaction piece here, it has largely been a story for stocks, specifically across the pond.