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Debtwire Middle-Market – 5/31/2021

Quarterly M&A/LBO share of institutional loan issuance improves in 2Q21 to-date Source: Debtwire Par Institutional loans backing M&A and buyout activity have totalled USD 120.1bn this year to date, improving from just USD 78.7bn at this point last year as the coronavirus pandemic (COVID-19) largely kept the pipeline for buyout and acquisition financings closed. At…

The Pulse of Private Equity – 5/31/2021

UK recovery also underway Download PitchBook’s Report here. Deal flow is on the upswing in the UK and Ireland, mirroring similar trends in North America. PitchBook’s UK & Ireland Private Capital Breakdown estimates a dramatic increase in activity in Q1, surging to more than 800 transactions worth a combined £57.9 billion. Those would mark YoY increases…

Inflation Nation (Third of a Series)

As part of our continuing inflation series, we caught up with Joseph Lavorgna, Natixis’ chief US economist, who just returned from a stint as chief economist of the National Economic Council. “People forget what real inflation is,” he told us. “I was seven years old during the oil embargo in the 1970’s when there were…

Reorg Credit Intelligence - 5/31/2021

Solutions 30 Seeks New Investor; Stocks Plunge as EY Refuses to Sign Off 2020 Accounts French-listed outsourcing company Solutions 30 is in talks with investment banks as it seeks a new investor. The company said it could be taken private following its recent accounting issue with its auditor EY. The company published its unaudited 2020…

Private Debt Intelligence - 5/31/2021

Short term returns from private debt turn negative Pandemic support from governments and financial banks helped public equity markets to recover faster and more significantly than expected at the beginning of 2020. This dampened demand for private capital, with returns from private debt facing serious downward pressure over the past year…. Subscribe to Read MoreAlready