Hosted by Andrew Berlin, LSTA’s director of policy research, this series unpacks critical trends shaping the corporate loan market. Episodes feature insights from industry experts, providing in-depth discussions on emerging issues, regulatory shifts, and innovative financing structures.
Episode 1: PIK in Practice
Guests: Erica Frontiero (EF Advisors) and Sourav Srimal (Solve)
In the debut episode, we delve into payment-in-kind (PIK) Interest, a financing mechanism that allows borrowers to capitalize interest instead of making cash payments.
This episode covers:
✅ PIK Interest
✅ PIK Use Cases
✅ PIK Trends
✅ Treatment of PIK as Collateral
