What is the scariest sentence in the English language? If you’re a parent dropping off your four-year old at summer camp (as we did last Friday), a good candidate is, “Daddy, today we’re learning archery!” For bankers monitoring leveraged markets these days, it seems like the equivalent phrase of fear is, “We are back to…
Source: S&P Capital IQ Contact: Robert Polenberg robert.polenberg@spcapitaliq.com
Credit spreads in North America and Europe have been trading in a tight range throughout July, with investors waiting to see how earnings season unfolds. US banks are not the flavour of the month,… Login to Read More...
Tale of Two Vintages By one measure – public-to-private buyouts – today’s market is non-existent relative to pre-crisis levels. But sponsor-to-sponsor deals and corporate spin-outs are at a record pace…. Login to Read More...
This week we continue our conversation with Scott Gluck, counsel at Venable LLP. Venable is a law firm with 600 attorneys in nine US offices. Scott assists private equity funds on a variety of corporate, legislative and regulatory matters.Second of two parts – View part one The Lead Left : Is there anything of interest in the…
LBO volume is strong in 2014, already reaching $47 billion in 1H14 with a significant amount of deal volume in the pipeline. As private equity backed buyout activity accelerates, leverage levels have too…. Login to Read More...
They’re big, they’re bad, and now that they’re back, the end of the world is upon us. No, we’re not referring to the latest Transformers instalment: Age of Extinction.Though we’re compelled to point out that seems an equally appropriate headline for the obituary so many market observers seem eager to write about CLOs’ demise-by-Dodd-Frank. But just as…
Source: S&P Capital IQ Contact: Robert Polenberg robert.polenberg@spcapitaliq.com
Credit spreads remain close to their recent tight levels, but the onset of earnings season could trigger a shift in sentiment…. Login to Read More...