Industrial & Chemicals sector takes top spot in institutional loan & HY bond issuance Source: Debtwire Par The industrial & chemicals sector is the most active industry year-to-date in terms of both institutional loan and high yield bond issuance. On the institutional loan side, technology and business services are in the second and third positions,…
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Aided by an increase in junior debt, total leverage on large corporate US LBO loans increases to 7x this quarter LBO activity in the US syndicated loan market remains robust this quarter. 3Q19 completed and in process LBO volume totals over US$23bn as new money deals continue to be a driver of leveraged lending. Meanwhile,…
Investors in Private Debt More Cautious in Q2 2019 Analysing the fund searches that private debt investors make, we can gain some idea of what demand for various fund types and regions will look like in the coming months. Comparing what investors were looking for in Q2 2019 to a year ago, the scenario has…
Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks Contact: Steven Miller
Massive mezzanine lenders: the few, the proud While this year’s sluggish junior debt fundraising numbers partially reflect the hollowing out of mid-market mezzanine investments, they also illustrate big firms getting bigger. Mezzanine debt fundraising is off to a slow start this year, according to PDI data, once again showing the strategy’s reliance on mega-funds to…
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com