In the face of intensifying competition from the broadly syndicated loan market, private credit lenders are leveraging their ability to provide payment-in-kind flexibility to secure deals -
Private credit lenders in the US...more
Competition between the private credit and broadly syndicated loan (BSL) markets is intensifying, with developments on both sides blurring the distinctions between the two products. One of these distinctive features is the...more
6/5/2025
/ Borrowers ,
Capital Markets ,
Competition ,
Debt ,
Financing ,
Interest Rates ,
Investment ,
Investment Funds ,
Lenders ,
Leveraged Loans ,
Loans ,
Private Equity ,
Syndicated Loans
Private debt funds are rapidly expanding into a segment of the market traditionally dominated by banks -
Bank lenders have traditionally been the primary providers of debt to finance infrastructure project development, but...more
On May 9th and 10th, the Loan Syndications and Trading Associations held its third annual private credit industry conference in Ft. Lauderdale, Florida. The major theme of the conference—the speakers of which included...more
With incremental loan activity accounting for an outsize share of the leveraged lending market over the past year, we explore the top trends, insights and structuring considerations for lenders and borrowers -
Although...more
While US dollar (USD) LIBOR has all but vanished from new-issue loans in 2022, the vast majority of the US loan market is comprised of legacy transactions that remain tied to the retiring rate. For every US institutional loan...more
During 2021, after months of regulatory pressure to end reliance on the London Interbank Offered Rate (LIBOR), concerns were mounting that the US leveraged loan market was being too slow to adopt the Secured Overnight...more
Term loan A debt is back in the spotlight as borrowers look for financing alternatives in an increasingly volatile institutional loan market -
As the market for term loan B (TLB) financing becomes choppier in the face of...more