Andy Thomson
In this third episode of our miniseries Private Markets and the End of Cheap Money, we explore key trends in private debt with industry professionals. While the asset class is not without challenges, some see better prospects for investing there than they have in some time.
As an example of the practice surfaces, an industry body is warning other companies not to use the covid-19 outbreak as an excuse to try and raise additional finance through flexible documentation.
The EBITDA addback has become one of the most controversial aspects of deal documentation. Research shows lenders are resisting the most extreme examples.
The EBITDA addback is one of the most worrying aspects of loan documentation. Market professionals detail how prevalent and potentially damaging it has become.
The European Parliament has approved changes to the pre-marketing of alternatives funds that should make the process easier across the continent.
The EBITDA addback is one of the most worrying aspects of loan documentation. Market professionals detail how prevalent and potentially damaging it has become.
Investors are not passive, but terms in the leveraged loan market are still weighted strongly against them.
Further regulation of non-bank lending is unnecessary, a new white paper argues. It’s time to look at the smaller picture within individual member states.
Further regulation of non-bank lending is unnecessary, a new white paper argues. It’s time to look at the smaller picture within individual member states.
Investors are not passive, but terms in the leveraged loan market are still weighted strongly against them.