The active underlying deal environment comingled with the December 31st LIBOR transition deadline combined to make November the busiest month in the history of Cadwalader Fund Finance. We have no doubt that’s been the case...more
12/10/2021
/ Borrowers ,
Financial Markets ,
Financing ,
Interest Rates ,
Investment Fund Vehicles ,
Investment Funds ,
Lenders ,
Libor ,
Loans ,
PIPEs ,
Secured Overnight Funding Rate (SOFR) ,
Sterling Overnight Index Average (SONIA)
Amending Fund Finance facilities to replace LIBOR as the primary benchmark interest rate has all the makings of a potential client experience disaster for your Fund sponsor clients. ...more
Amending Fund Finance facilities to replace LIBOR as the primary benchmark interest rate has all the makings of a potential client experience disaster for your Fund sponsor clients. This is not just theoretical – we are...more
The fund finance markets have been quite consistent over the summer and new developments have been limited. But as we head back to school and close in on Labor Day, below are our recent observations of interest....more
The fund finance markets continued their healthy clip into June, with activity levels remaining elevated.
Transaction Volume and Pipeline. Transaction volume remains double digits ahead of 2020 year-to-date, with a strong...more