Dividend recapitalization activity plunged in the immediate aftermath of COVID-19 but, as markets recovered, investor appetite for recap deals swelled -
Leveraged loan and high yield bond issuance specifically intended...more
After taking a deep dive in Q2, US leveraged loan issuance picked up in Q3, while European markets gained year on year -
Having navigated extreme market dislocation due to COVID-19 for the past six months, leveraged loan...more
11/4/2020
/ Acquisitions ,
Borrowers ,
Coronavirus/COVID-19 ,
High Yield Bonds ,
Interest Rates ,
Investors ,
Lenders ,
Leveraged Debt ,
Leveraged Loans ,
Mergers ,
Private Equity
Retailers faced a difficult financing market before COVID-19 appeared, but lockdowns have made the situation even tougher.
High yield and leveraged loan values for retailers in North America and Western and Southern Europe...more
5/28/2020
/ Acquisitions ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Debt ,
Delivery Drivers ,
Distressed Debt ,
Financial Distress ,
Global Economy ,
High-Yield Markets ,
Lenders ,
Leveraged Loans ,
Main Street Lending Programs ,
Restaurant Industry ,
Retail Market
Despite a promising beginning to the year, US and European leveraged loan markets felt the full economic impact of the pandemic.
After a strong start, leveraged loan markets in the US and Europe shuddered to a halt in...more
Much has been written about the influence of US terms on European transactions and particularly the steady migration of US concepts into English law facilities agreements, resulting from the supply-demand imbalance in the...more
5/25/2019
/ Bankruptcy Code ,
Borrowers ,
Covenant Lite Deals ,
Creditors ,
EU ,
Global Dealmaking ,
Guarantors ,
High Yield Bonds ,
Intercreditor Agreements ,
International Finance ,
Leveraged Buyout ,
Leveraged Loans ,
Libor ,
Loan Market Association ,
Loan Syndication and Trading Association (LSTA) ,
Secured Debt ,
Supply and Demand ,
UK ,
United States