Chart of the Week: Rate Race
With the Fed more likely to push rates in September, Libor rose more quickly last month than comparable Treasuries. Sources: U.S. Department of the Treasury/FRED
With the Fed more likely to push rates in September, Libor rose more quickly last month than comparable Treasuries. Sources: U.S. Department of the Treasury/FRED
US MM Transaction Sizes Indicate Concentration in the Core In the first half of 2016, the median size of buyouts in the US middle market declined slightly to $128.3 million, a slide of just over $11 million. Given PitchBook’s methodology of classifying the core middle market as transactions sized between $100 million and $500 million,…
Flex activity continued to favor issuers in July Market sentiment in July was more of the same in the leveraged institutional market. Although deal flow thinned out from a swell of volume in June, negotiations continued to favor issuers. Thomson Reuters LPC’s Flex Factor scored a -0.04 for July,… Subscribe to Read MoreAlready a member?
This week we chat with Paul Peterson, a managing director at Wind Point Partners. Wind Point Partners is a private equity investment firm that with a strategic focus on facilitating leadership transitions by partnering with top caliber executives to acquire middle market businesses with a clear path to value creation. Since its founding in 1984,…
First-Time Private Debt Fundraising As the closed-end private debt industry grows in size and prominence, new fund managers continue to launch new vehicles in order to take advantage of increasing investor appetite and attractive investment opportunities. However, with the private debt fundraising… Subscribe to Read MoreAlready a member? Log in here...
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Contact: Timothy Stubbs timothy.stubbs@spglobal.com
Back in July 2010, not long after the first Greek bailout, results of stress tests conducted by the Committee of European Banking Supervisors (the predecessor of the EBA) were released on the EU’s banks. They didn’t make for happy reading. Seven institutions failed, and they were required to raise additional capital to reach the 6%…
Contact: Steven Miller smiller@covenantreview.com