Often when doing an add-on or tapping an accordion, Fed and OCC regulated banks - even if they are in the syndicate now - are saying no if lead arranging a new deal will be criticized. Richard Farley More Quotes by Richard Farley More Quotes From Richard Farley It’s a package deal, the revolver gets you a seat at the table. Richard Farley money The bet is that more companies are going to be downgraded and SNC criticized, not less. Richard Farley money I think it's clearly sort of pent-up demand on the sponsor side, the market has not been strong for dividend deals since last fall, and now I think you've had a number of deals come because they could. Richard Farley company-news There seems to be a renewed appetite among banks to underwrite second-lien deals, which is very promising. Richard Farley company-news The regulated banks are taking a pass on things that are very natural for them to lead. Non-regulated banks are taking their place. Richard Farley technology
