LIBOR transition the fresh new normally fundamentally caused it to be towards the end of one’s road
Monday, August 12th, 2024Unitranche is here now to keep
Unitranches features continued to prove their worthy of in certain markets out-of the marketplace. Particularly, we see sponsors attracted to the newest relative rate and you will simple performance away from an effective unitranche that have one financial otherwise a bar without the need for a score (though everything is modifying with the AUD TLB side) and/or threat of a pulled-out TLB syndication several months (while the likelihood of becoming flexed at the end of it). (more…)
