Leveraged Loan Insight & Analysis – 9/25/2017

Lender Survey: Are the structural characteristics of loans changing for good?

Just over half of the audience gathered during Thomson Reuters LPC’s 23rd Annual Loan & CLO Conference said that structures have not changed for good but rather the pendulum will swing back when credit quality deteriorates. However, just over one fifth disagreed, reporting that the genie is not going back in the bottle and once heavily negotiated docs will not be easy to change. Meanwhile,