Press releases

5 Things to Know (5/6/19)

  • PetSmart debt holders mostly view plans for an initial public offering of the retailer’s online Chewy business as positive.
  • Middle market institutional term loan yields started to fall in 2Q19, reversing six consecutive quarters of upward momentum.
  • LPC’s Loan Market Scorecard provides a snapshot of key statistics in the leveraged loan and high yield bond markets.
  • Investment firm Hercules saw its investment portfolio rise above US$2bn in the first quarter and remains “optimistic” as the firm contends with the departure of its CEO who was implicated in the college admissions scandal.
  • Who’s moving where? Regions is expanding its loan sales and trading platform to the broadly syndicated market, hiring Kevin Dooley.

More syndicated loan coverage on LoanConnector.