Chart of the Week – Yield Signs

Supply-demand dynamics – too much cash and too few deals – have pushed second-lien spreads down since the credit crisis. Average Spread of Middle Market Second-Lien Loans Source: S&P Capital IQ You may also likeStat of the Week: # of US CEO DeparturesDebtwire Middle-Market – 4/3/2023Loan Stats at a Glance – 3/16/2015Lead Left Interview – Mickey...