Download PDF Introduction After two years of limited activity due to uncertainty surrounding interest rate policies, large valuation gaps, and geopolitical tensions, the leveraged finance market saw a major recovery in 2024, marking its busiest year since 2021. The combined issuance volume of leveraged loans and high-yield bonds in the Read more…
Download PDF The Change in Deal Structure Recent macroeconomic activity has impacted the private equity industry dramatically. A strong reliance on leverage in your business model means that when the market for leveraged loans tightens significantly, you must resort to using lower levels of leverage. In December 2022 the private Read more…
Download PDF Introduction 2022 has been a difficult year for investment banks. Despite the relative strength of their trading divisions, a collapse in M&A value has been weighing down on revenues. Something that has been leading to outright losses, however, is Leveraged Finance. This lesser-known part of the financing groups Read more…
Download PDF Introduction Private credit denotes any debt or extended to privately held companies. It comes in many different forms, but often involves non-bank firms making loans to private companies or purchasing their debt on the secondary market in a variety of ways. To be more specific, Private credit, also Read more…
Moelis & Company: Mkt Cap N/A (as of 07/03/2014) Moelis & Company, the global independent investment bank and financial advisor, filed on Tuesday with the SEC to raise c. $100mm in an initial public offering. The New York based company, plans to list on the NYSE under the symbol MC. Read more…