Complacency may have crept into the private debt market. An inevitable change in circumstances will put firms to the test, says Oaktree co-chairman Howard Marks in this video.
1 min read · 16 October 2019
What defines the Stateside private credit market in 2019? Our recently published US report identified the following themes.
3 min read · 05 September 2019
Can the statistical model that revolutionised a great American sport be applied to private debt? Tom Quimby, managing partner with Tree Line Capital Partners, thinks it can
6 min read · 02 September 2019
Whether it is high leverage levels or covenant-lite loans, there are plenty of issues weighing on fund managers’ minds, say Kevin Griffin, CEO and CIO, and Greg Racz, president, of MGG Investment Group
5 min read · 02 September 2019
Steven Miller and Jessica Reiss of Fitch Solutions examine the subtle changes to credit agreements that could pose a danger when today’s deals are affected by the next downturn.
5 min read · 01 July 2019
The European Leveraged Finance Alliance has sent would-be investors in high yield bonds a questionnaire to encourage issuers to open up on key deal terms.
2 min read · 18 June 2019
Who has been benefiting from covenant-lite leveraged loans from Australia this year?
4 min read · 13 June 2019
Daniel Zwirn, a former hedge fund luminary and now head of investment firm Arena Investors, is one of the authors of a white paper predicting trouble ahead for, among other things, mid-market loans and leveraged loans. In this video, he explains his concerns.
4 min read · 04 June 2019
The EBITDA addback is one of the most worrying aspects of loan documentation. Market professionals detail how prevalent and potentially damaging it has become.
10 min read · 03 June 2019
