Loan Stats at a Glance – 6/3/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Synergies & Cost Savings EBITDA Addbacks Contact: Steven Miller
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Public firms have always been busier Download PitchBook’s Report here. We mentioned last week that the flagship funds of public PE firms are now bigger than they were pre-crisis, while the same (mostly) can’t be said for private firms. The cynic might point out the obvious, that public firms are incentivized to raise more money because…
Lender protection, as measured by composite documentation scores, continues to weaken.
What characteristics of loans will cause the biggest problems in the future? When asked what characteristics of loans determine which middle market lenders will see the biggest problems in the future at LPC’s 7th Annual Middle Market Loans Conference, earlier this month, half of respondents chose weak documents, including aggressive EBITDA add-backs. Another 35% said…
UK Dominates European Private Debt Europe is the second most active region for private debt after North America, but the scale and nature of activity varies widely throughout the region. While the potential investment opportunities and industries are more diverse, the fund management industry is very homogenous, and is dominated by firms based in the…
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com