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Business of Private Credit: Coming Home
Much attention has been paid to the suitability of Matt Damon in the lead role as the wily Odysseus in this summer’s Christopher Nolan blockbuster.
Loan Stats at a Glance - 11/11/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Middle Market Deal Terms at a Glance - Nov 2019
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
The Truth Behind Loan Stats
Tracking data in the capital markets is often a challenge. There are lies, damnable lies, and leveraged loan statistics. But…
Manufacturing exits are way down
We covered China-driven M&A last week, noting that activity has taken a nosedive this year. Chinese acquirers aren’t buying many…
Private Debt Intelligence - 11/4/2019
Infrastructure Debt Reaches Momentum [wpdm_package id=’29716′] Debt providers in more specific sectors have started to take the place of traditional…
Average US second-lien secondary bids at lowest levels since 2016
US second-lien loans have traded down considerably in the secondary market over the past few months. The last round of…
The Price Isn’t Right
The volume of middle market spread flex-ups at $2.2 billion was the highest in four years.
Loan Stats at a Glance - 11/4/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Total leverage on large corporate US LBO loans remains high in 4Q19, but senior leverage declines
At a time when investors have been pushing back on pricing and structure on riskier loans, total leverage on US…
Average Adjustments for EBITDA Reconciliation, M&A-Driven Loan Deals
Contact: Steven Miller









Whitecaps in Large Caps
Issuers in leveraged lending today are divided into three categories: the haves, the have-nots, and the wish-they-hads. As the 2019…