Volatility primes more records for jumbo unitranche loans
Jittery markets are priming new records for jumbo unitranche financing. At least a few mandates are in the works that exceed Galway Insurance’s $3.4 billion record last year.
Expect jumbos to emerge in support of buyouts, particularly in the software, insurance and healthcare sectors. About half of the $56 billion in jumbo unitranche loans tracked by DLD back software and IT companies.