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Leveraged Loan Insight & Analysis - 11/2/2020

Refinitiv LPC’s Quarterly Lender Survey: When do you expect to meet more than a handful of clients face to face? While the adjustment to working remotely has alllowed for new efficiencies, with lenders commenting that processes such as amendments for more straightforward asks could go through faster than pre-Covid, the challenge of sourcing new business…

Indecision 2020

It’s characteristic of the most bizarre year in memory that the presidential election has ended with a big “TBD.” An unsurprising outcome given the dynamics of voter turnout and mail-in ballots, as well as an almost perfectly polarized political climate. What continues to surprise is how little impact this uncertainty has had on the capital…

Debtwire Middle-Market – 11/2/2020

Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart is the *Cliffwater Direct Lending Index (CDLI) current yield, which is based on the investment income of the underlying assets held by public and private BDCs. BDCs invest in middle market companies, and the Index…

Private Debt Intelligence - 11/2/2020

Investors Swift Their Allocation to Private Debt The way in which private debt investors allocate is changing. The COVID-19 pandemic has made it challenging for investors to form new relationships and they might have chosen to invest with already known fund managers…. Login to Read More...

PDI Picks – 11/2/2020

Private debt’s next frontier Asia-Pacific has many attributes which should make investors sit up and take notice. In our recently published Asia-Pacific Report, PDI examined prospects for private debt in the region. As can be seen from the chart above, fundraising has held up well even amid the turbulence of 2020. So what is driving…