As the market contracted, equity sponsors were trying to privately place second-lien structure but got feedback from the alternative lenders that they were actually more interested in arranging unitranches and taking the whole structure so they could structure the overall yield properly..

Stefanie Birkmann

Categorized in : Company News

With the current volatility in the market and the bad experiences that some underwriters have had with deals, I think quite a few of the banks have taken a significant hit and are not really forthcoming right now with underwriting.

Stefanie Birkmann

business

I’m not so pessimistic for the year as a whole. I think it will take some time to work this through, but I think we are seeing a pickup already in medium-size deal activity.

Stefanie Birkmann

business