TheLeadLeft

Markit Recap – 6/15/2015

Published by on

There are many words synonymous with the European sovereign debt crisis, the portmanteau ‘Grexit’ being the most in vogue. But a word that was thought to have been banished by the ECB – contagion – has returned to the discourse this week. Spreads in Italy, Spain and Portugal – the peripheral countries most exposed to…

Subscribe to Read More
Already a member? Log in here
Payback Time – Readers’ Say

Published by on

Our mailbag was overflowing in response to last week’s column on the topic of repayment trends in leveraged loans. Readers mostly bemoaned the lack of discipline by lenders in compelling borrowers to reduce debt in the form of real amortization. We considered how quaint the notion has become of borrowers actually repaying debt over the…

Subscribe to Read More
Already a member? Log in here
Lead Left Interview - Robert Gefaell

Published by on

This week we chat with Robert Gefaell, co-founder and partner, Plexus Capital. Plexus focuses on subordinated debt investments in middle market companies, with a total of $550 million under management across three funds. The Lead Left: Robert, you and your partners got started together at the old Centura Bank, correct? Robert Gefaell: That’s right, Randy….

Subscribe to Read More
Already a member? Log in here
Leveraged Loan Insight & Analysis - 6/15/2015

Published by on

Loan mutual fund & ETF assets under management edged higher to just over $139 billion in May as these funds registered a second consecutive month of inflows as expectations around higher interest rates once again came to the fore. Despite the combined inflows of $646 million in April and May,… Subscribe to Read MoreAlready a

Subscribe to Read More
Already a member? Log in here