Loan Stats at a Glance – 5/22/2017
Contact: Timothy Stubbs timothy.stubbs@spglobal.com
Contact: Timothy Stubbs timothy.stubbs@spglobal.com
BDC performance wavers in May on the back of mixed earnings The upward march of BDC share prices in 2017 seems to have come to a halt in May on the back of mixed earnings announcements for 1Q17. Rising non-accruals, earnings misses, heavy prepayments, declining yields, tough market conditions and extreme competition are all… Subscribe
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
Contact: Steven Miller smiller@covenantreview
“We can do this the easy way or the hard way.” “What’s the hard way?” “It’s harder. It’s harder than the easy way. That’s what I know.” This classic exchange between Benicio Del Toro and Alicia Silverstone in the otherwise forgettable 1997 comedy Excess Baggage came to mind as we followed recent developments in the…
This week we chat with David Brackett, Managing Partner and Co-CEO, Antares Capital. Founded in 1996, Antares is a premier credit solutions provider to middle-market, private-equity backed companies. Download Antares’ Report: “2017: Leading with optimism in times of uncertainty” here The Lead Left: David, thanks for making time for us. And congratulations to you and your…
Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield This month’s edition of the Debtwire Middle Market Junction podcast focuses on the mid-cap supermarket space following the recent bankruptcies of Central Grocers and Marsh Supermarkets. Topics covered include a behind the scenes look on what’s affecting smaller grocers, as well…
The share of middle market buyouts leveraged over six times reached all-time high of 40%; large caps over 60%.
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