As interest in private corporate credit grows, its valuation practices have come under greater scrutiny. In response, LSTA developed this first-of-its-kind practical guide to understanding valuation processes.
Policy & Advocacy, Private Corporate Credit Series
This session examined the who, what, why and how of private corporate credit which now accounts for more than $1.5 trillion of corporate lending. Market participants will leave this webinar with a sound understanding of private corporate credit, why it is an attractive option for certain borrowers, and why growth is expected to continue. Panelists...
This session examined the who, what, why and how of private corporate credit which now accounts for more than $1.5 trillion of corporate lending. Market participants will leave this webinar with a sound understanding of private corporate credit, why it is an attractive option for certain borrowers, and why growth is expected to continue. Panelists...
Resilient portfolio performance and elevated base rates drove returns for U.S. direct lending loans higher into the fourth quarter and throughout last year, despite tighter spreads driven by increased competition.
Analysis & Data, LSTA publications on the private corporate credit market
The “LSTA”), the trade association for the U.S. corporate lending market, today released a report detailing data from its landmark survey on the U.S. private corporate credit market (“PCC”)
On Monday, March 31st, the LSTA submitted a letter to the House Financial Services Committee (HFSC) advocating for expanded access to private corporate credit for defined contribution plans.
The Financial Stability Oversight Council (FSOC) addressed its financial stability concerns for private credit in its 2024 annual report published late last week. The report incorporates a call out box entitled “Private Credit: Financial Stability Considerations” to discuss perceived risks related to opacity, liquidity, and interconnectedness with banks and insurers, echoing several of the same...
BDCs have become significant players in the private credit landscape, with publicly traded, non-traded, and private BDCs offering varying levels of liquidity.
Policy & Advocacy, Private Corporate Credit Series
The Bank of England (BoE), the Federal Reserve (Fed) and the International Monetary Fund (IMF) recently published their semi-annual financial stability reports (FSR). As they are likely indicators of the areas on which regulators will focus their agendas in the near-term, we continue to monitor these reports for changes in the coverage of and tone...
We answer ten frequently asked questions about PCC. (Some readers may find it helpful to reference the LSTA’s Private Corporate Credit Glossary simultaneously.)
Policy & Advocacy, Private Corporate Credit Series
