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Business of Private Credit: Coming Home
Much attention has been paid to the suitability of Matt Damon in the lead role as the wily Odysseus in this summer’s Christopher Nolan blockbuster.
Average Total Deleveraging Required To Meet RP Ratio Test
(Past performance is no guarantee of future results.) Contact: Steven Miller
Loan Stats at a Glance - 3/28/2022
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
The Market Now: Ukraine
It was almost a clean getaway. Two years since it emerged, Covid was crumbling. Vaccinations and infection immunity were finally…
Middle market multiples eased in 2021
Download PitchBook’s Report here. Middle market buyout multiples are returning to normalcy, according to PitchBook’s 2021 Annual Middle Market Report. The…
Cliff Notes
Secondary broadly syndicated loan prices have plunged during the Russia/Ukraine war.
BDC technology lending has grown rapidly
Strong portfolio company performance has underpinned the positive environment for BDCs in recent quarters, with Ebitda and revenues moving significantly…
Sectors with exposure to oil & gas see prices fall in secondary market
Source: Debtwire Par, Markit Since the Russian invasion of Ukraine started on 24 February, average bids on term loans have…
Germany defies the doubters
Once seen as a private debt laggard, Germany is now at the forefront of the asset class’s deal boom. While…
Private Debt Intelligence - 3/21/2022
Private debt investors’ rising concerns over interest rates [wpdm_package id=’53180′] The US Federal Reserve approved a 0.25 percentage point interest…
Synergies & Cost Savings EBITDA Addbacks
(Past performance is no guarantee of future results.) Contact: Steven Miller
Loan Stats at a Glance - 3/21/2022
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
How big of a unitranche could we see this year?
The “mega-unitranche” reached new scale in 2021, as private lenders’ capacity to finance large transactions continued to increase. Unitranche loan…







The Market Now (Last of a Series)
While the war in Ukraine grinds along amid depressing headlines, investors of all stripes are settling into the view that…