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The Pulse of Private Equity - 11/9/2015

U.S. Private Equity’s Overhang Remains Significant At times nowadays, U.S. private equity firms look like they may well become victims of their own success. The top tier of investors has been able to outperform public markets to such an extent that they are still attracting plenty of capital commitments from numerous limited partners…. Subscribe to

Leveraged Loan Insight & Analysis - 11/9/2015

For the first time since late 2011, the net percentage of domestic banks reporting tightening terms over the past three months turned positive. Specifically, 8.8% of domestic banks reported tightening credit standards for approving applications for C&I loans or credit lines other than those used to finance mergers… Subscribe to Read MoreAlready a member? Log

Markit Recap – 11/2/2015

It is a truism that the finances of countries, as well as companies, feel the impact from declining commodity prices. This can be good for energy importing nations, and the positive effect on consumption can boost economic growth. But for commodity exporters it is obviously detrimental. A prime example is Kazakhstan…. Subscribe to Read MoreAlready

The Unitranche – What it is, and Why it Matters (Last of a Series)

This week we wrap up our unitranche series by asking the $64,000 question that always surfaces in discussions about the future of the unitranche: How will it fare in bankruptcy? With providers that do not bifurcate the unitranche between first-out and second-out lenders, there are no intercreditor issues to consider. But for those that do,…

Lead Left Interview  - William Brady

This week we chat with William P. Brady, a partner in the Corporate Department of Proskauer. He is also a member of the Finance Group as well as the Multi-Tranche Finance Group. Bill is a thought leader on unitranche financings and speaks at various junior capital, multi-tranche finance and related finance conferences and seminars. The…

Leveraged Loan Insight & Analysis - 11/2/2015

Commodity trading firms – which store, transport and process raw materials such as crude oil, wheat and copper – are obtaining favorable terms on their European syndicated loans despite a global commodities rout which has seen the price of many commodities cut in half over the past year and threatens commodity… Subscribe to Read MoreAlready