Technology loans remain popular amid heightened selectivity Source: Debtwire Par Technology deals remain popular in the loan market, with institutional loans backing technology LBOs climbing to USD 21.7bn year-to-date, already surpassing the USD 19.3bn recorded in full year 2018 and setting a new record. The share of total LBO loan financings represented by the technology…
Private Debt Funds in Market Q3 2019 The fundraising market for private debt remains crowded at the start of Q4, with 417 private debt funds seeking an aggregate $177bn in capital. Although slightly down from the start of Q3, both figures remain very high compared with historical total. But these figures could lead to a…
Average Unadjusted Leverage Through F&C for M&A-Driven Loan Deals Contact: Steven Miller
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
In the warmer climes of leveraged loans, market observers contemplated other mega moves. One is economic data. Manufacturing fell to levels not seen since the Great Recession, while the services index dropped to its worst showing since August 2016. But there were signs of optimism. Friday’s labor data – 136,000 jobs created – showed the […]
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Add-ons keep surging Download PitchBook’s Report here. Add-ons now account for 68% of all US PE buyouts. If that pace holds, 2019 will notch another high-mark for the add-on/LBO ratio, which has been trending up for the past decade. That’s according to PitchBook’s 3Q Breakdown Report, just released this week. Two crosswinds have helped boost that…
