Debtwire Middle-Market – 7/1/2019

Higher rated loans lead margin tightening in 2Q19


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Source: Debtwire Par

Steady demand for loans from CLOs helped push pricing lower in 2Q19, though margins remained well above year-ago levels. Lenders snapped up higher quality credits and said they were more willing to push back on aggressive deals, given caution around where we are in the economic cycle.