After the Supreme Court denied a certiorari petition, the Second Circuit’s Kirschner ruling is the law of the land. Our Distressed Debt & Trading Team explores how the circuit court came to its ...
In a win for banks and private credit lenders, the U.S. Court of Appeals, Second Circuit recently ruled a $1.8 billion leveraged loan was not a security. The United States syndicated loan market had ...
Corporate issuers have started to tiptoe back into the syndicated loan market to seek funding, especially for buyouts and mergers, despite concerns over international economic growth and a continued ...
(Reuters) - The $2.5 trillion syndicated loan market has been on edge for nearly two years thanks to an appellate case that could expose some of these private deals to new scrutiny under state and ...
Signs of turmoil in private credit are pushing some borrowers to the syndicated loans ⁠market, ⁠which is proving to be significantly cheaper even as banks press highly leveraged ⁠companies to cut debt ...
APAC ex-Japan syndicated loans market volume in H1 2024 concluded at $218.3 billion with 682 deals, down by 33.9% from H1 2023’s $330.3 billion. While most of the APAC saw a decrease in lending ...
WASHINGTON — A federal judge has accepted an amicus brief from consumer advocacy group Americans for Financial Reform in a case that could undercut the way that banks do business in the syndicated ...
A growing number of institutional investors are turning to the loans market for diversification and returns. “If you look at large syndicated loans, banks now comprise the smallest section of lenders, ...
Learn how unitranche debt merges senior and subordinated loans into one hybrid structure, providing competitive rates and ...
Asia’s largest loan market could move from clubbish behaviour to true syndication aligning with international practices if draft measures proposed by China’s banking regulator become reality. On March ...
The APAC ex-Japan syndicated lending started off 2024 with a $88.46 billion market volume in Q1, a slump of over a quarter in comparison to the same period last year. For this loan volume, refinancing ...