Portability isn’t a typical feature of loan documents, but in a market where refinancing remains expensive and at times tricky, stakeholders are exploring how portability terms can help maintain M&A activity -
Given that...more
In debt markets characterized by tighter liquidity and cautious lenders, term loan C debt is providing borrowers with essential liquidity -
Volatile credit markets and guarded banks have made securing term loan C (TLC)...more
As leveraged loan markets have been impacted by a challenging macroeconomic environment, private equity sponsors are sharpening their focus on flexibility in their portfolio companies’ loan documents
Given the sharp...more
4/17/2023
/ Borrowers ,
Credit Agreements ,
Credit Facilities ,
Financing ,
Investment Funds ,
Investment Management ,
Investment Portfolios ,
Investors ,
Lenders ,
Loans ,
Popular ,
Private Equity
Leveraged finance activity slowed on both sides of the Atlantic in the first half of the year, as a tougher macroeconomic environment and events in Ukraine affected debt issuance in both Europe and the US....more
Lender appetite for US buyout opportunities remained resilient in the first half of 2022 despite a volatile macro-economic backdrop and a decline in activity across the wider leveraged finance market....more
The first half of the year has marked an inflection point for US leveraged finance markets. After a buoyant but brief post-pandemic period in 2021, the combination of surging inflation, rising interest rates and events in...more
Issuance of leveraged loans and high yield bonds to fund buyouts surged to quarterly highs in 2021 as private equity sponsors raised their investment game -
Buyouts are back in a big way. Private equity (PE) firms around...more
11/23/2021
/ Acquisitions ,
Asia Pacific ,
Buyouts ,
Cross-Border Transactions ,
EU ,
High Yield Bonds ,
Lenders ,
Leveraged Buyout ,
Leveraged Finance ,
Leveraged Loans ,
Mergers ,
Private Equity ,
Refinancing
Leveraged buyout high yield bond and leveraged loan issuance fell in Q3 2020 as a lack of buyout deals in a still cautious M&A market dampened appetite for financing -
Although leveraged buyout (LBO) activity showed signs...more
12/4/2020
/ Acquisitions ,
Asia Pacific ,
Buyouts ,
Coronavirus/COVID-19 ,
Cross-Border Transactions ,
EBITDA ,
High Yield Bonds ,
Lenders ,
Leveraged Buyout ,
Leveraged Finance ,
Leveraged Loans ,
Mergers ,
Private Equity ,
Secondary Buyouts