Headwinds for the Loan Syndication Market

Last week we took on the question of deal flow. How does the backdrop of M&A activity relate to the volume of reported sponsored debt financings?
This week, we took to the road in search of answers. At the SuperReturn Private Credit conference in Chicago, we chaired the first day of panels. There we had a front row seat to investors who remain vigilant for signs of market weakness.
There are certainly causes for worry. A Reuters news flash summed it up nicely:
“Wall Street’s biggest banks are facing several challenges in growing their revenue, largely due to the ongoing U.S.-China trade war and concerns about further interest rate cuts by the U.S. Federal Reserve.”…

▶︎ Read Oct 21 2019 newsletter: here