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
Chinese property developers now have more flexibility in cash spending, debt and investment carve-outs
2 min read · 07 May 2019
