The economies of Italy and China don’t appear to have much in common. Italy’s government would welcome a GDP growth rate of 1%, while China expands less than 7% and investors take flight. One is a sclerotic, decaying Western country, the other is a dynamic Asian tiger. Such is the conventional wisdom. But look beyond…
This week we continue our conversation with Adrian Docherty, who heads up BNP Paribas’ Bank Advisory team. His team helps banks who are customers and counterparties of BNP Paribas to improve their management of risk, capital, funding, liquidity and profitability. He is also the author of Better Banking: Understanding and Addressing the Failures in Risk…
One of the largest dinosaurs ever found debuted last week at the American Museum of Natural History in New York. At 120 feet, Titanosaur is so long that its head sticks out of the exhibit hall. The paleontologist who uncovered the bones knew he was on to something unusual. “Everything was extremely large,” Dr. Diego…
Leverage declined modestly, though almost two thirds of 4Q deals were 6x total leverage or higher. US Middle Market Leverage Multiples on Institutional Deals Source: Thomson Reuters LPC
Middle market lending failed to impress in 2015 as both the sponsored and non-sponsored markets were down roughly 30% year-over-year. In the non-sponsored market, volatility spooked issuers in the second half of the year causing many to hold off… Subscribe to Read MoreAlready a member? Log in here...
Is There a Glut of Private Equity Firms? Since the turn of the century, there has been a steady surge in the number of private equity firms that are active worldwide. From 1,545 in 2000, the number has crested to 3,918, an increase of over 153%. As was perhaps to be expected, the rate… Subscribe
Contact: Daniel Mena daniel.mena@spcapitaliq.com
If European credit investors had to name two names damaged by the precipitous fall in commodity prices, it is likely that Glencore and Anglo American would top the poll. The two mining firms have seen their credit spreads widen dramatically and are now quoted upfront, the only credits in the Markit iTraxx Europe… Subscribe to