TheLeadLeft
Loan Stats at a Glance – 2/9/2015
Contact: Cuong Huynh cuong.huynh@spcapitaliq.com
Pest Control
Cutting through Central Park on our way to a meeting recently, we encountered a worker fiddling with what looked like a centrifuge for uranium enrichment. Somewhat alarmed, we slowed our pace. “What is that?” “It’s to keep armadillos away.” “Didn’t think there were any armadillos in Central Park.” With a grin, he said: “Well, then,…
Chart of the Week – Payback Time
Regulators cite “weak characteristic” of many leveraged borrowers’ inability to repay debt within seven year tenors. Source: The Fed, FDIC, OCC (Shared National Credits Program (2014 Leveraged Loan Supplement)… Login to Read More...
Lead Left Interview – Lawrence E. Golub (Part 2)
This week we continue our conversation with Lawrence E. Golub, CEO of Golub Capital. Golub is a nationally recognized credit asset manager with over $10 billion of capital under management and four complementary business lines: Middle Market Lending, Late Stage Lending, Broadly Syndicated Loans and Opportunistic Credit. Second of two parts – View part one The Lead…
Markit Recap – 2/2/2015
Greece was relegated to “emerging market” status by several index providers last year, and its recent turmoil seems to justify the reclassification. But the ongoing problems in the Hellenic Republic shouldn’t overshadow issues in sovereigns more familiar to EM investors…. Login to Read More...
Leveraged Loan Insight & Analysis – 2/2/2015
LBO leverage levels have started out in 2015 at more conservative levels than we saw in 2014. So far, the average LBO debt to EBITDA level for large corporate and institutional middle market buyout deals has dropped to 6.3 times and 5.3 times… Login to Read More...
The Pulse of Private Equity – 2/2/2015
The PE Fundraising Trail Never Looked So Good Blackstone CEO Steve Schwartzman made headlines this week after saying he has “begged, literally begged” young PE execs not to strike out on their own… Login to Read More...
