Senior Lending
No Return for Banks to US Lower Mid-market Debt
Munich, June 22, 2018 – The US banks that withdrew from the lower mid-market in the wake of the financial crisis are unlikely to make a comeback, according industry experts speaking at PDI Germany forum in Munich this week…
MAG Aerospace
MAG Aerospace
Agent Tier
- Senior Secured Credit Facility
New Mountain Capital
June 2018
Burned by the Fed? Bond Buyers Have an Unlikely Haven
Hong Kong, June 13, 2018 – …middle-market loans are often senior and secured, a world apart from covenant-light corporate bonds. In addition, because of their smaller size, such companies can only borrow only up to five times their underlying cash flow, versus six times or more for larger firms, says Ken Kencel, president and CEO of Churchill Asset Management LLC…
