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Private Credit Defaults 101: Different Numbers, Different Stories

In Season 2 of Billions, Bobby Axelrod takes his lawyer Orrin Bach to an empty Yonkers racetrack in the dead of night.

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    Mega Billions

    Volume for unitranche financings slumped at Covid’s onset, but quickly recovered.

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    Given Delta variant, our back-to-the-office routine will now include…

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    Select Deals in the Market - 8/2/2021

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    Loan Stats at a Glance - 8/2/2021

    Contact: Marina Lukatskymarina.lukatsky@spglobal.com

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    Reorg Credit Intelligence - 8/2/2021

    GBG USA Debtors to Run Sale Process With Stalking Horse for Aquatalia Assets, Also Marketing Other Portfolio Brands New York-based…

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    Average EBITDA Adjustment Cap for Synergies & Cost Savings

    (Past performance is no guarantee of future results.) Contact: Steven Miller

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    Private Debt Intelligence - 8/2/2021

    Crowded markets continue in Q2 [wpdm_package id=’47374′] Both the number of private debt funds in market and the amount of…

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    Stat of the Week: Gold Price ($/oz)

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    Private debt fundraising keeps pace

    Download PitchBook’s Report here. Globally, private debt fundraising had a strong start to the year. According to PitchBook’s just-released Global Private…

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    Fundraising for European Private Debt

    This week’s Chart of the Week highlights how US and European private debt fundraising came into Covid with a head…

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    2H 2021 Midyear Outlook Report

    Economic and Market Overview Broadly Syndicated Market-Observations A View on Private Credit Login to view interactive report and download PDF…

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    Average WE unitranche size rockets

    Source: Debtwire Par The total WE unitranche volume for the year is expected to come in higher than last year…

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    Refinitiv LPC's Quarterly Lender Survey: Are you able to adequately engage with your clients/co-workers?

    As more people are heading into the office, six percent of large corporate buyside and sellside lenders surveyed by Refinitiv…

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    Sponsors demanding larger DDTLs to act quickly in today’s buying bonanza

    Sponsors are demanding larger delayed-draw facilities so they can act quickly in today’s buying bonanza. Auctions have gone from a…

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    Stat of the Week: US Business Applications (#)

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    The State of Private Credit in Europe (Last of a Series)

    As we conclude our European private credit series, let’s review what we’ve learned so far: – Europe suffered a similar…

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