Private equity sponsors once again took a back seat to leveraged corporate issuers, struggling to garner 42% of total leveraged loan volume amid limited deal making opportunities. With demand for assets at a premium for much of the year, PE sponsors wrestled with… Subscribe to Read MoreAlready a member? Log in here...
This week we chat with Adrian Docherty, who heads up BNP Paribas’ Bank Advisory team. His team helps banks who are customers and counterparties of BNP Paribas to improve their management of risk, capital, funding, liquidity and profitability. He is also the author of Better Banking: Understanding and Addressing the Failures in Risk Management, Governance…
Long proclaimed as one of the U.S. sectors most ripe for private equity investment, given its growth prospects as well as its relatively fragmented nature, healthcare services saw a decade high of 203 completed buyouts in 2015. Total deal value also surged after staying relatively flat for three years,… Subscribe to Read MoreAlready a member?
Contact: Daniel Mena daniel.mena@spcapitaliq.com
Back in August 2014 I wrote a note that highlighted how the restructuring of Banco Espirito Santo (BES) exposed flaws in the 2003 ISDA CDS definitions, flaws that should be remedied by the new definitions introduced later that year. It was a far from perfect situation but a CDS succession event followed and that was…
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
Loan issuance of just under $30 billion for middle market leveraged transactions was at its lowest point since 2010. Annual Middle Market Institutional Loan Volume Source: Thomson Reuters LPC
Just before the holidays we caught up with a friend who runs a middle market credit fund. So how was the year for you, we wanted to know? “Beyond crazy,” he said. “Time just flew by so fast. It seemed like every fifteen minutes, I was having breakfast.” That perfectly captures the velocity in the…