Dividend financings see a resurgence
within opportunistic loan market
Source: Debtwire Par
Following several months defined by a lack of new loan supply, opportunistic deals have begun to flood the market as borrowers and sponsors alike capitalize on investor appetite for paper. Since returning to the market in July, dividend recapitalization transactions have steadily gained steam, with USD 10.6bn of deals with a dividend-related component pricing in the third quarter.