Companies are being supported by government loans, but at what cost in the long run? Jacco Brouwer of Duff & Phelps looks at how lenders and borrowers are responding to the crisis.
5 min read · 04 June 2020
The pandemic has put loan terms and documents in the limelight as markets keep an eye on how lenders manage their portfolios during the crisis.
5 min read · 03 June 2020
The new generation of dislocation funds now have a multi-billion-dollar example, with $2.8bn raised for a vehicle and more than $1.1bn for separate accounts.
2 min read · 29 May 2020
If today’s crisis were a repeat of the GFC, lenders could use those references to guide their approach, but covid-19 has brought the world into uncharted territory.
5 min read · 28 May 2020
More than half of the participants in Accord Fund III B are new to the strategy.
2 min read · 26 May 2020
As the impact of coronavirus starts to be felt by businesses and lenders, there could be a wealth of opportunities for those looking to buy NPLs.
4 min read · 26 May 2020
While the eyes of many are on loan documentation, Nicole Downer of MV Credit says the focus should be elsewhere, including fostering solid relationships with sponsors.
5 min read · 22 May 2020
It was widely predicted that the market downturn would profoundly alter behaviour in leveraged finance, but then along came EBITDAC as a reminder of the past.
2 min read · 21 May 2020
In common with all parts of the world, emerging markets are having to take stock of a major health and economic crisis. But the rationale for non-bank finance is continuing to grow and returns can be attractive. Andy Thomson reports
5 min read · 21 May 2020
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.
2 min read · 19 May 2020
