TheLeadLeft
Leveraged Loan Insight & Analysis – 8/11/2014
The percentage of LBO deals with leverage levels greater than six times is returning to 2007 levels. So far in 2014, LPC tracked 40 LBO (where deal details were available) deals or 55% of the total with total leverage greater than the regulators’ benchmark 6 times debt to EBITDA. … Subscribe to Read MoreAlready a member? Log
Lead Left Interview – Mark Gold (Part Two)
This week we conclude our conversation with Mark Gold, chief executive officer/chief investment officer, Hillmark Capital Management LLC and its affiliate NewMark Capital LC. Hillmark is a NY-based investment management firm focusing on broadly syndicated loans through CLO vehicles. Second of two parts – View part one The Lead Left: Mark, we’re seeing a rush by managers to issue…
Lead Left Interview – Mark Gold
This week we speak with Mark Gold, chief executive officer/chief investment officer, Hillmark Capital Management LLC and its affiliate NewMark Capital LC. Hillmark is a NY-based investment management firm focusing on broadly syndicated loans through CLO vehicles. The Lead Left: Mark, it’s been a while since we checked in on you. How large is the firm…
Leveraged Loan Insight & Analysis – 8/4/2014
After a record-breaking 2Q14, there was a sharp pull-back in the HY bond market in July. In fact, a number of deals remain on the calendar because they didn’t make it into the market the last week of July due to adverse market conditions…. Subscribe to Read MoreAlready a member? Log in here...
Chart of the Week – 8/4/2014
Rhymes, Not Repeats While growing over the past four years, the share of post-crisis buyouts with hyper-leverage and weak coverage metrics pales in comparison with the heady pre-crisis days…. Subscribe to Read MoreAlready a member? Log in here...
Loan Stats at a Glance – 8/4/2014
Source: S&P Capital IQ Contact: Robert Polenberg robert.polenberg@spcapitaliq.com