TheLeadLeft

Covenant Trends - 7/8/2019

Published by on 0

Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks) Contact: Steven Miller

Leveraged Loan Insight & Analysis - 7/8/2019

Published by on

Syndicated MM sponsored lending volume reached $13.6bn in 2Q19 Syndicated middle market sponsored lending volume improved somewhat in the second quarter, but not nearly enough to match 2017-2018 levels. Issuance grew 10% quarter over quarter to US$13.61bn in 2Q19, but was still over 40% lower than 2Q18 levels. The lack of refinancing actvity was the…

Subscribe to Read More
Already a member? Log in here
Private Debt Intelligence - 7/8/2019

Published by on

Private Debt Fundraising Slump Continues in Q2 2019 Private debt fundraising slowed in Q1 2019, with a fall in both the number of funds closed (32) and the total capital secured ($24bn). That slowdown continued in Q2, continuing the decline seen in fundraising since the most recent peak in Q2 2018. Just 29 funds reached…

Subscribe to Read More
Already a member? Log in here
PDI Picks – 7/8/2019

Published by on

Private credit and a different view on economic conditions Concern over the economy often relates to worries over a recession or correction. Private debt managers, however, may fear things becoming too good. Private fund chief financial officers fear that the economic environment could be the main barrier to achieving their goals this year, according to…

Subscribe to Read More
Already a member? Log in here