8 results
Insight
Private credit leans on PIK flexibility in competitive market
Debt Explorer | 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
printing dollar nills
Insight
Delayed-draw facilities: A key differentiator in a competitive market
Debt Explorer | Delayed-draw facilities have been a key feature of private credit lending terms, but as competition between private credit and broadly syndicated loans intensifies, broadly syndicated loans have started to incorporate delayed-draw flexibility
US money
Insight
Breaking new ground on the next phase of private credit
Debt Explorer | 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
Currency printing
Insight
Lenders explore venture debt opportunities to increase market share
Debt Explorer | Lenders with ambitions to grow their portfolios and secure higher yields see opportunities in the venture debt space
stairs
Insight
Incremental debt holds steady in uneven loan market
Debt Explorer | 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
Office building at night
Insight
Private debt players open for business, but only on the right terms
Debt Explorer | Private debt managers seized the opportunity to win market share in 2022 as leveraged loan and high yield bond activity slowed—moving into 2023, private debt players remain open for business, but mainly on their terms
US LevFin 2022
Insight
US leveraged finance: Navigating choppy waters
Borrowers and lenders are seeking new opportunities in the face of growing market volatility
US LevFin 2022
Insight
Documentary developments in tighter times