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,… Subscribe to Read MoreAlready a member? Log in here...
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…. Subscribe to Read MoreAlready a member? Log in here...
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…. Subscribe to Read MoreAlready a member? Log in here...
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…. Subscribe to Read MoreAlready a member? Log in here...