Up is Down? How Recent Market Dislocation is Affecting Senior Loans
March 27, 2020
Amid indiscriminate selling, higher-rated, more actively traded loans have faced disproportionate pressure because they are easier to sell.
Cov-lite loans are an easy, unfair scapegoat in a complex late-cycle market
August 26, 2019
Recent media reports vilifying the borrower-friendly, covenant-lite structures oversimplify current market complexities.