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 credit has secured its position as the main provider of debt capital to the mid-market, established its large-cap credentials and is now entering the next phase of its development -
After dominating mid-market...more
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
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
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
The disruption to capital markets caused by the COVID-19 pandemic has not shifted the overall timeline of regulators and industry bodies for the replacement of US dollar LIBOR with SOFR by the end of 2021.
With the expected...more
8/4/2020
/ Alternative Reference Rates Committee (ARRC) ,
Banks ,
Bonds ,
Capital Markets ,
CARES Act ,
Coronavirus/COVID-19 ,
Derivatives ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Agencies ,
ISDA Master Agreement ,
Libor ,
Loan Syndication and Trading Association (LSTA) ,
Loans ,
Main Street Lending Programs ,
Popular ,
Secured Overnight Funding Rate (SOFR) ,
Transitional Arrangements ,
UK