Issuers are tapping institutional loan markets for add-on debt at a rapid pace as private equity firms turn to buy-and-build strategies to lower entry multiples and accelerate deployment -
Debt issuance to fund add-on...more
Faced with a rapidly evolving business landscape, lenders, borrowers, advisors and other stakeholders in the leveraged finance market are working hard to assess and monitor current and anticipated problems in existing loan...more
The UK Government has been quick to respond to the economic shock and disruption caused by the outbreak of COVID-19 and, over the past week, the Chancellor of the Exchequer, HM Treasury and the Bank of England have announced...more
3/24/2020
/ Bank of England ,
Borrowers ,
Business Interruption ,
Coronavirus/COVID-19 ,
Corporate Issuers ,
EU ,
Financial Crisis ,
Government-Guaranteed Loans ,
HM Treasury ,
Industrial Sector ,
Relief Measures ,
State Aid ,
UK
European Leveraged Finance Alert Series: Issue 2, 2019 -
This year European leveraged loan borrowers will test the terms of the additional debt provisions in their loan agreements and there is expected to be significant...more