Refinitiv LPC’s Quarterly Lender Survey: Are you able to adequately engage with your clients/co-workers? As more people are heading into the office, six percent of large corporate buyside and sellside lenders surveyed by Refinitiv LPC said that the quality of engagement is better now given that they can find ways to meet in person or…
Source: LevFin Insights Source: LevFin Insights Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenberg robert.polenberg@levfininsights.com
Sponsors demanding larger DDTLs to act quickly in today’s buying bonanza Sponsors are demanding larger delayed-draw facilities so they can act quickly in today’s buying bonanza. Auctions have gone from a three-month process to about half that time or shorter in some cases. It’s much easier to hit a DDTL than go back to the…
As we conclude our European private credit series, let’s review what we’ve learned so far: – Europe suffered a similar Covid slump (and enjoyed a similar rebound) as the US. Yet Europe also retained the country-by-country distinctions they had pre-Covid. The recovery in all capital markets was swift; deal volumes are now at record highs….
Fundraising for European direct lending almost doubled since 2015, hit Covid, but is on the mend.
Buyouts prevail in North American consumer discretionary Consumer discretionary has seen the largest number of deals in private debt in North America, with 1,022 deals and aggregate deal value of $103,7bn. The largest number of private debt deals have been part of buyouts, with 314 deals worth $38.2bn since 2016…. Subscribe to Read MoreAlready a
Hotel, Real Estate Filings Continue to Outpace Historical Averages; July’s Bankruptcies Heavily Concentrated in the $10M – $50M Liability Range Chapter 11s in the $10 million to $50 million range of liabilities, which made up 52% of cases in the first half of the year, account for almost 80%of July’s chapter 11s. This week included…