Leveraged Loan Insight & Analysis – 6/25/2018

Unitranche spreads continue to decline amid intense competiton in the middle market

Even though the leveraged loan market has seen some modest investor pushback on pricing and terms due to a voluminous supply market, the middle market remains insulated and heated. Lenders indicate no pushback is evident on smaller deals as the middle market remains flush with capital and asset managers are anxious to put money to work to stay invested.