Senior Lending
Don’t Listen to the Talk, Mezz Definitely Isn’t Dead
NEW YORK, November 5, 2015 – These days it’s popular sport at loan conferences to kick the mezzanine asset class. After the credit crisis, when some investors in subordinated debt took a licking, the common question heard among market players was: “Is mezz dead?” Today the refrain is: “Is mezz still dead?” And yet, in conversations with practitioners, it seems mezz is alive and well.
Ohio Transmission Corporation
Ohio Transmission
Lender
- First Lien Credit Facility
Irving Place Capital
October 2015
Mid-Market Syndicate Game Changes Again
NEW YORK, October 8, 2015 – When your correspondent began distributing middle market loans (in the waning days of the Reagan administration), the concept was considered novel. Back then money-centre banks underwrote and syndicated mainly large corporate loans to other relationship banks. Smaller deals were mostly self-arranged, club affairs among regional banks and finance companies.
CRGT – Salient
CRGT - Salient
Lender
- First Lien Credit Facility
Bridge Growth Partners & Frontenac
September 2015
US Roundtable
NEW YORK, September, 2015 – The US private debt market, always the most mature, is proving particularly creative too. PDI sits down with seven debt managers to discuss the market.