Separately, TPG extended a large asset-based loan to iHeartCommunications, a facility that would be repaid in full or unimpaired in restructuring proposals for the troubled media company.
3 min read · 27 February 2018
Too much capital and too few deals? We asked senior executives for their thoughts in this two-minute video.
1 min read · 27 February 2018
Bigger funds, niche strategies and friendlier banks were just a few of the trends to emerge over the last 12 months.
3 min read · 27 February 2018
The Lone Star State retirement plan says its credit investments are performing above expectations.
2 min read · 26 February 2018
In Goldman Sachs BDC’s fourth-quarter earnings call, chief operating officer John Yoder said there were signs of money moving into risk-free assets.
2 min read · 26 February 2018
The follow up to its 2016 vehicle has already raised almost three times as much as its predecessor.
1 min read · 26 February 2018
Panellists at our fifth anniversary celebration, hosted by Dechert, advised not to expect a loosening of regulation to unleash fierce competition from the banks.
3 min read · 23 February 2018
In a competitive environment, it is incumbent on credit managers to ensure they can find quality dealflow and not just take what they’re given.
3 min read · 22 February 2018
Ascent Resources Marcellus Holdings and Fieldwood Energy sought court protection with less than a week and a half of each other.
3 min read · 22 February 2018
A new report predicts returns for direct lending will come down slightly over the next 10 years, but the asset class is still looking attractive on a relative basis.
2 min read · 21 February 2018