Covenant Trends: Average Debt Incurrence Test Headroom
Contact: Steven Miller smiller@covenantreview.com
TheLeadLeft
Lead Left Interview – Jason Kelly
This week we chat with Jason Kelly, New York bureau chief, Bloomberg. Jason has been with Bloomberg since 2002. He is the author of Sweat Equity (2016) and The New Tycoons (2012). The Lead Left: Jason, your new book, Sweat Equity, focuses on endurance sports and the fitness industry from the entrepreneur’s perspective. What was the…
Already a member? Log in here
Preqin Private Debt Intelligence – 8/15/2016
Private Debt Investors Target Europe Despite recent lacklustre fundraising activity, the private debt industry continues to attract investors, due to the uncorrelated returns and regular income stream offered by the asset class. Ninety-four percent of private debt investors expect the size of the industry to increase over the next five years, with over a quarter…
Already a member? Log in here
The Pulse of Private Equity – 8/15/2016
What does PE’s capital overhang portend? Through the end of 2015, the private equity industry in North America and Europe had an overhang of no less than $749.4 billion. A plurality of that is concentrated in funds of the 2015 vintage, with a majority—55%—in funds closed in the past two years (funds return data is…
Already a member? Log in here
Select Deals in the Market – 8/15/2016
☞ Click for a larger image.
Middle Market Deal Terms at a Glance – Aug 2016
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
Loan Stats at a Glance – 8/15/2016
Contact: Cuong Huynh cuong.huynh@spglobal.com
Markit Recap – 8/8/2016
Spanish engineering firms with exposure in Latin America may not be the most heavily traded segment of the credit markets, but they are certainly proving the most vulnerable. Isolux followed its counterpart Abengoa into default by announcing that it had won credit approval for a €2bn debt restructuring on July 28, and a bankruptcy credit…
Already a member? Log in here
Leveraged Loan Insight & Analysis – 8/8/2016
Fed Survey: 10% of banks reported tightening terms The majority of banks surveyed reported little change in the last three months with only one domestic bank reporting easing terms to larger firms, according to the latest Federal Reserve Senior Loan Officer Opinion Survey. This is down from 13%… Subscribe to Read MoreAlready a member? Log
Already a member? Log in here