NEW YORK, July 11 (LPC) - The US Securities and Exchange Commission’s (SEC) fund of funds proposals potentially open the door to a shakeup in the Business Development Company (BDC) market.
NEW YORK, June 13 (LPC) - Market expectation that the US Federal Reserve will cut rates, possibly as early as this year, has sent investors fleeing the loan market.
NEW YORK, June 3 (LPC) - US direct lenders, grappling with intense competition in the US middle market, are lowering the fees they charge to investors and adopting other aggressive terms as they look to adapt to an intense new lending landscape.
NEW YORK, May 20 (LPC) - A legislative change that has doubled the leverage cap for Business Development Companies (BDC) is set to fuel further bifurcation between larger and smaller platforms, as many start to get approval to increase debt on the balance sheet.
NEW YORK, May 15 (LPC) - Direct lending funds, which are providing capital to middle market companies in increasing amounts, are turning to fellow funds to reduce credit exposure.
NEW YORK, April 24 (LPC) - The imbedded risk of US leveraged loan packages with reduced lender protections is not reflecting on the trading values, to the dismay of investors who want to see a greater premium for the heightened risk exposure.
NEW YORK, April 24 (LPC) - The imbedded risk of US leveraged loan packages with reduced lender protections is not reflecting on the trading values, to the dismay of investors who want to see a greater premium for the heightened risk exposure.
NEW YORK, April 11 (LPC) - Pharmaceutical company Indivior’s loan dropped in secondary trading following criminal charges relating to its Suboxone drug.
NEW YORK, April 10 (LPC) - Loans for multi-level marketing (MLM) companies dropped in the secondary market amid growing concerns among investors about the business model during a period of record employment in the US and increasing scrutiny on workplace practices.
NEW YORK, April 2 (LPC) - The US Federal Reserve’s decision to hold off on any further interest rate rises for the remainder of the year has sent retail investors fleeing leveraged loans, which are attractive in a rising rate environment because of their floating-rate coupons.
The United States on Tuesday announced sanctions on Myanmar's military Commander-in-Chief Min Aung Hlaing and other military leaders over extrajudicial killings of Rohingya Muslims.