TheLeadLeft
Top Ten Myths About Private Credit (Second of a Series)
Responding to last week’s discussion of the relationship between age and happiness [link], several readers asked what country has the happiest residents? According to the World Happiness Report [link], Finland topped the list of 156 countries. The US was 19th, and South Sudan as the least cheerful place to live. Finland is perhaps a surprising…
Chart of the Week: Short Stack
Of the $6.7 trillion of private capital assets under management in the US, only $800 billion is private credit.
Debtwire Middle-Market – 1/27/2020
New money share of institutional loan issuance dips to recent low Source: Debtwire Par The institutional leveraged loan market is off to a busy start in 2020, with USD 58bn of deals having priced and another USD 79bn in the pipeline. Notably, only USD 10bn, or roughly 17%, of loans issued this year have been…
Loan Stats at a Glance – 1/27/2020
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Covenant Trends – 1/27/2020
Percentage of Loans that Allow Uncapped Synergies & Cost Savings EBITDA Adjustments Contact: Steven Miller
2020 Hindsight in Leveraged Loans
Remember your summer internships in high school? Neither do we. Wolf Cukier’s stint at NASA’s Goddard Space Flight Center last summer could have been equally forgetful. The Scarsdale, NY teenager began it by searching for anomalous star patterns amid reams of satellite data. On his third day he noted an odd image near […]