Deep and Cheap

Since early last year, leverage vs. yield for middle market institutional loans has deteriorated in favor of the issuer.

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Fall Risk

It was probably mission impossible, but we gamely tried this week to complete a personal Top Ten list. This one…

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Still Ticking

Second quarter activity in middle market sponsored loans tailed off slightly from the previous quarter, though at $16.2 billion was up from 2Q 2017.

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