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Loan Market Norms: Weaponizing Bankruptcy

The deterioration of market norms has received much attention during the past year. Most recently, we wrote about how increasingly long and complex loan documentation,…

April: Redefining Life, Reshuffling LevFin

COVID-19 is redefining life; rather less importantly, it also is reshuffling the U.S. LevFin market. When the world began to spiral in March, leveraged borrowers…

2019 Leveraged Loans: Hot or Not?

Headlines notwithstanding, it doesn’t seem like the U.S. leveraged loan market is that hot. Admittedly, S&P/LCD says lending picked up 15% between second and third…

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