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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.
Technically Speaking
Lincoln’s database shows rising defaults – covenants, not payments – from a low base.
Loan Stats at a Glance - 5/1/2023
Contact: Marina Lukatskymarina.lukatsky@pitchbook.com
Percentage of First-Lien Loans Clearing with Key Covenant Terms by Quarter
(Past performance is no guarantee of future results.) Contact: Steven Miller
Private Debt Intelligence - 4/24/2023
Private debt deal activity in Europe sees decline [wpdm_package id=’64209′] Since the start of 2021, private debt numbers have seen…
Middle market LBO purchase price multiples declined in 1Q23
Middle market LBO purchase price multiples declined from 12.3 times in 2022 to 11.4 times in 1Q23, the lowest level…
Three Myths of Private Market Valuations
In our special series last month on why private debt valuations should not be viewed through the same lens as…
EBITDA With Benefits
The share of middle market companies with Ebitda adjustments remains high.
New money issuance drops in 2023
Source: Debtwire Par While overall leveraged loan issuance was down 23% year on year to USD 225bn at the end…
Loan Stats at a Glance - 4/24/2023
Contact: Marina Lukatskymarina.lukatsky@pitchbook.com
Lenders must rise to the ESG challenge
From being seen as non-participants, debt providers are these days seen as having a crucial role to play in driving…
KBRA DLD tracks 214 deals in 1Q23 across U.S., Europe
KBRA DLD tracked 214 direct lending deals in the first quarter across the U.S. and Europe. Even though Europe’s direct…
APAC's Private Credit Market
Besides private credit, there’s growing volume in Singapore around private equity, real estate, and even venture capital. And investors there…








Three Myths of Private Market Valuations (Second of Three Parts)
We began our special series by dispelling the notion that privates should mimic publics. This week we tackle: Myth 2:…