Press releases

5 Things to Know (6/24/19)

  • FS KKR Capital is the latest BDC to issue a middle market CLO as the sector seeks to diversify funding sources and drive portfolio growth.
  • Lead banks for a US$340m term loan backing Smart & Final’s sale to Apollo Global Management made investor-friendly changes to seal the deal.
  • US direct lenders, grappling with intense competition in the US middle market, are lowering the fees they charge to investors as they adapt to an evolving investor landscape.
  • Companies that fund businesses with highly leveraged loans and bonds are set to benefit from changes to the US tax code.
  • Investors are demanding greater compensation for loans being executed under a cloud of macroeconomic uncertainty.

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