Loan Stats at a Glance – 5/4/2015
Contact: Cuong Huynh cuong.huynh@spcapitaliq.com
TheLeadLeft
Markit Recap – 4/27/2015
Low interest rates have helped fuel M&A activity, so it is no surprise that several large transactions have been announced in recent months. But it’s not always the market that determines deals. Governments and regulatory bodies also have a part to play, as we saw with the collapse of the Comcast bid for Time Warner Cable…
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Why Credit Standards Matter (First of a Series)
Much attention has been paid to regulators’ concerns over banks pushing leverage and other risk elements. What goes missing in these discussions is what lenders, including non-banks, think about the credit environment we’re currently in. Specifically, regardless of what the Fed, OCC, and FDIC (the Big Three) are doing with their Leveraged Lending Guidance, the…
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Lead Left Interview – Doug Cruikshank & Rafael Castro (Part 2)
This week we continue our conversation with Doug Cruikshank, Managing Partner and Rafael Castro, Director, Enhanced Capital. Enhanced Capital is a small business investment firm focused on established lower middle market companies often overlooked by traditional sources of capital due to location or size. Second of two parts – View part one The Lead Left: What are…
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Chart of the Week – Sweep Stakes
The total share of loans that waived or reduced cash flow sweeps is still not back to pre-crisis levels, but those that waived sweeps is at an all-time high.
The Pulse of Private Equity – 4/27/2015
The Decline of Platform Buyouts We’ve talked previous about the decline of platform buyouts, as add-ons rise and competition from strategic acquirers makes platform targets more expensive from a valuation perspective. While that’s still undoubtedly true,… Subscribe to Read MoreAlready a member? Log in here...
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Leveraged Loan Insight & Analysis – 4/27/2015
In 1Q15, higher yields in the leveraged loan market were apparent in both the large corporate and institutional middle market. However, data submitted to LPC from middle market lenders for smaller club sponsored deals indicated that pricing continued to… Subscribe to Read MoreAlready a member? Log in here...
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Loan Stats at a Glance – 4/27/2015
Contact: Cuong Huynh cuong.huynh@spcapitaliq.com