KBRA Direct Lending Deals
YTD volume up 77%; October falls just 15.3% YoY
U.S. direct lending is thriving in 2022, with year-to-date volume up 77%, according to KBRA DLD. Volume recorded through October…
Read MoreManagers could face 16% increase in cash-flow challenged issuers next year
Portfolio managers are potentially facing a 16% rise in the number of borrowers that cannot generate enough cash flow to…
Read MoreKBRA DLD records $39B for 3Q22 volume, tops BSL & HY combined
Direct lending volume topped output for liquid credit in the third quarter for the first time since KBRA DLD started…
Read MoreDry July: Jumbo volume deflates
Private jumbo financings (>=$1B) have the advantage under current market conditions, but deals going forward are expected to trend smaller…
Read MorePrivate lending volume posts strong quarter, but a slowdown lies ahead
Direct Lending Deals’ Private Data set picked up $56.9 billion in sponsored U.S. loan volume during the second quarter, to…
Read MoreJumbo volume in 1H 2022 reaches $30.8 billion to bring total tally to $86.5B
Volume in the first half of 2022 for private loans sized at $1 billion or more has reached $30.8 billion,…
Read MorePrivate jumbo volume reaches second biggest monthly tally
Jumbo private loan volume in May stands at $8.6 billion, the second largest monthly tally on record as the market…
Read MoreDirect lenders usher in new records for jumbos, recurring rev deals
Competition between liquid and illiquid debt financing is heating up amid broader economic uncertainty generated by rising inflation, interest rate…
Read MoreVolatility primes more records for jumbo unitranche loans
Jittery markets are priming new records for jumbo unitranche financing. At least a few mandates are in the works that…
Read MoreUnitranche spreads, yields hit 2021 low in December
Competition moved unitranche spreads 25 bps lower in December to an average of L+540, a monthly low in 2021, despite…
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