Chart of the Week: Reopening Remarks
The reopening of shuttered or nearly closed businesses accounted for a big share of April’s CPI increase.
The reopening of shuttered or nearly closed businesses accounted for a big share of April’s CPI increase.
Source: LevFin Insights Source: LevFin Insights Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenberg robert.polenberg@levfininsights.com
Europe plays catch up in global PD Although North America-focused funds still constitute 61% of total private debt AUM globally, other regions are gradually expanding their share. Particularly in Europe, which made up 30% of global private debt AUM by June 2020…. Subscribe to Read MoreAlready a member? Log in here...
Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart is the *Cliffwater Direct Lending Index (CDLI) current yield, which is based on the investment income of the underlying assets held by public and private BDCs. BDCs invest in middle market companies, and the Index…
Shoe Zone Remains in Rental Term Talks With Landlords After Missed Payments, in Discussion With Suppliers on Delivery Disruption Amid Falling Revenue U.K. retailer Shoe Zone is in negotiations with its landlords to secure better terms after it failed to meet its rental payments. The company is also in talks with its suppliers after experiencing…
The default story may have another twist Aided by support schemes, many businesses have been protected from the worst effects of the pandemic. But what happens when the support comes to an end? “While we are not out of the woods, we have seen a large number of loans return to performing credits, and we…
Average EBITDA Adjustment Cap for Synergies & Cost Savings (Past performance is no guarantee of future results.) Contact: Steven Miller
Contact: Marina Lukatskymarina.lukatsky@spglobal.com