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Select Deals in the Market – 7/9/2018
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Private Debt Intelligence – 7/9/2018
Private Debt: Distressed Debt Dominates Q2 2018 In Q2 2018, 22 private debt funds held a final close, securing a total of $25bn in capital. Although this marks a significant decrease from the 33 private debt vehicles which held a final closure in Q1 2018, Q2 saw an increase of over $5.0bn in capital raised….
Loan Stats at a Glance – 7/9/2018
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
The Pulse of Private Equity – 7/2/2018
New tax law to impact PE data Download PitchBook’s Report click here. Recent changes to the US corporate tax rate are a mixed bag for private equity. Reducing the top-line rate from 35% to 21% affects PE at both the fund and portfolio company levels, as both are structured as corporate entities in the first…
Leveraged Loan Insight & Analysis – 7/2/2018
2Q18 US M&A loan volume sets quarterly record; 1H18 total also at historical high The US market cleared almost US$194bn in acquisition loan financing in 2Q18 via a series of jumbo deals, to set a new quarterly record. In turn, 1H18 M&A volume at US$363.5bn marked a record high for any half year period. At…
Markit Recap – 7/2/2018
It’s not uncommon for a firm to have an association with an adjective. The description is often derogatory; for example, acquisitive companies are often said to be rapacious. For Glencore, the commonly used adjective is “secretive”. This is no doubt due to the deliberately low profile of its CEO, Ivan Glasenberg, as well as its…
LevFin Insights: High-Yield Bond Statistics – 7/2/2018
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Covenant Trends – 7/2/2018
Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA (M&A-Related) Contact: Steven Miller
