CLEVELAND, December 11, 2015 – “The middle market will remain liquid, given the capital flowing into the space, regardless of interest rate hikes. 2016 appears bullish for both lenders and borrowers,” said Randy Schwimmer, a senior managing director at New York-based Churchill Asset Management, in the report.
NEW YORK, December 3, 2015 – One of the enduring fictions about middle market loans relates to their tradability. Smaller loans, the theory goes, are priced at a premium because there are fewer ready buyers. Unlike their broadly syndicated cousins, loans below $250 million have no effective secondary market. That’s the idea, anyway.
Lender
November 2015
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.
Lender
October 2015
