Leveraged Loan Insight & Analysis – 3/13/2023

SVB was a major player in US middle market technology lending

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Silicon Valley Bank, the fifth largest lender to US middle market technology issuers, collapsed last week. According to Refinitiv LPC data, between 2020 and 2022, SVB agented 35 US middle market technology loans, totaling a combined US$4.8bn in deal volume.