Loan Stats at a Glance – 2/1/2016
Contact: Daniel Mena daniel.mena@spcapitaliq.com
Contact: Daniel Mena daniel.mena@spcapitaliq.com
Last year the Markit iBoxx € Banks index was one of the outperforming bond sectors in Europe having returned 1.0%. The index which is largely made up of bonds issued by European banks, even managed to outperform defensive sectors such as Healthcare and Utilities, while Europe’s ongoing regulatory oversight and relaxed monetary… Subscribe to Read
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
News reached us last week that a computer discovered the largest prime number known to exist. A “non-descript desktop” PC in Room 143 at the University of Central Missouri worked for 31 days before locating the 22 million digit numeral. The super calculator, known on campus as “No. 5,” was unavailable for comment. Big numbers…
Investor confidence in publicly traded business development companies has eroded valuations markedly. Source: The Daily Shot
Will Aging Portfolios Still Drive PE Exits in 2016? One of the primary storylines behind the private equity sellers’ market of the past few years has been the need for funds with aging holdings to liquidate as they threaten to drag down overall returns. As PitchBook data illustrates, as of the end of 2015, close…
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Libor floors, used to guarantee a minimum spread to investors in a low rate environment are now a major theme in the market given rising interest rates. In 2015, 98% of institutional term loans were issued with a Libor floor, the bulk of which were done… Subscribe to Read MoreAlready a member? Log in here...
Contact: Daniel Mena daniel.mena@spcapitaliq.com