The micro issues of Argentina and Banco Espirito Santo have garnered most of the attention in the CDS market of late, but as the summer draws to a close the discourse is shifting back to the macro picture. On the face of it, the change in focus could be a negative development. The eurozone economy…
For those readers who missed it, this week we reprint in part an interview with Buyouts’ editor, David Toll that appeared in PE HUB on May 6th. You can read the complete conversation by clicking on the link at the bottom of this section. After a two-year hiatus, Randy Schwimmer is back with his weekly e-newsletter covering…
Global volatility has spread down to the leveraged loan market and investors are pushing back. Twenty one first-lien institutional term loans have flexed up in the first half of August, just one shy of the total for the months of April and May. On the flipside, only four first-lien term loans have flexed down, dramatically lower than…
Source: S&P Capital IQ Contact: Cuong Huynh cuong.huynh@spcapitaliq.com
Secondary Buyouts – An Obvious Solution The above graph suggests that 2014 is set to decline in terms of secondary buyout deal (SBO) flow. If the pace set in the first half of the year continues, this year would represent an 11% fall from the robust 2013 levels…. Subscribe to Read MoreAlready a member? Log
Buyout Buckets Middle market LBOs typically outnumber their large cap counterparts, but that pattern has reversed, and midcap activity remains off 2012 levels…. Subscribe to Read MoreAlready a member? Log in here...
As we reach our end of August break, it is an annual tradition here at The Lead Left to give readers our recommended summer reading list. Based on our perusal of the best-sellers that went to the beach house in Quogue, or were pool-side at Watch Hill, or on blankets at the Cape, see below for our candidates…
How many readers remember this classic Frankie Avalon/Annette Funicello beach party vehicle from 1965? We think any movie with Buster Keaton, Don Rickles, and Linda Evans (as Candy Kane) in the same cast deserves special mention in a summertime column devoted to odd pairings. We also couldn’t help wondering what an updated version of that…