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Private Credit – Better than Ever (Fifth of a Series)

Will investor worries about a recession’s impact on private credit come true? We asked this question at the end of last week’s installment in our special series on the “new” post-COVID private credit. With all the distractions related to the side-effects of the coronavirus on the economy and our daily lives, it’s a challenge to…

Debtwire Middle-Market – 9/28/2020

Loan secondary prices grind higher on limited new money deal flow Source: Debtwire Par, Markit Leveraged loans continue to grind higher in the secondary market, with limited new money issuance prompting investors to take a closer look at secondary market opportunities. The weighed average bid on term loans has added another 17 bps this month…

Private Debt Intelligence - 9/28/2020

European Private Debt AUM Reaches Record High Figures European private debt AUM has shown enormous expansion in recent years. It has more than doubled since December 2014 and more than tripled since December 2012, reaching €179bn as of December 2019. However, seems that the presence of attractive opportunities has made the dry powder fall…. Subscribe

PDI Picks – 9/28/2020

Delaying the inevitable? Many businesses may be faring better than expected but investors are worried that economic reality will catch up in the end. Listening to market sentiment at our New York Forum virtual experience 2020 last week, it was clear things could be both an awful lot better and an awful lot worse. Some…