Middle Market Deal Terms at a Glance – June 2017
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
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Private Debt Intelligence – 6/19/2017
Private Debt Funds’ Time on the Road Preqin here compares the time spent on the road by private debt and buyout funds currently in market. This demonstrates that although buyout funds are more likely to experience a quick fundraising process, they are also more likely to remain in market for several years. … Subscribe to Read
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Loan Stats at a Glance – 6/19/2017
Contact: Timothy Stubbs timothy.stubbs@spglobal.com
Select Deals in the Market – 6/12/2017
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Leveraged Loan Insight & Analysis – 6/12/2017
Middle market fundraising firing on all cylinders in 2017 Money continues to pour into the middle market in a myriad of ways. For starters, 2017 is going to be the strongest year for middle market CLO formation since the credit crisis. Year to date $7.3 billion in middle market CLOs have priced, not too far…
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Covenant Trends – Average EBITDA Adjustment Horizon (Months) for Synergies / Cost Savings
Contact: Steven Miller smiller@covenantreview
Debtwire Middle-Market – 6/12/2017
Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart is the *Cliffwater Direct Lending Index (CDLI) current yield, which is based on the investment income of the underlying assets held by public and private BDCs. BDCs invest in middle market companies, and the Index comprises…
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Lead Left Interview – Tess Virmani
This week we chat with Tess Virmani, SVP and Associate General Counsel of the Loan Syndications and Trading Association (LSTA). Tess works with the LSTA’s Primary Market Committee and Trade Practices and Forms Committee on legal projects. She also works on advocacy and regulatory matters. The Lead Left: Tess, thanks for joining us. I saw…
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The Pulse of Private Equity – 6/12/2017
Is this the new normal for buyout firms? View PitchBook’s 2017 Global PE Deal Multiples Report: Part II Here Multiple datasets can help convey certain aspects of why the current private equity environment may represent a new normal in terms of dealmaking, yet one of the more telling is one that depicts the type of the…
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