Private Credit Firms Pitch More Leverage to Win Over Deals

Private Credit Firms Pitch More Leverage to Win Over Deals

Finding steep competition from the broadly syndicated market, private credit firms are offering one benefit to potential borrowers: leverage.

Private credit 'compelling alternative' to traditional fixed income in US

The evolution of the private credit market presents a “compelling alternative” to traditional fixed income in the US, according to analysts at Blackstone. In a new report, the firm said that interest rates are more likely to remain range-bound in the foreseeable future in the US as the Fed continues to reduce its balance sheet, […] The post Private credit ‘compelling alternative’ to traditional fixed income in US appeared first on Alternative Cr…

Private credit firms boost leverage to compete for PE-backed deals - Private Equity Wire

Private credit managers are increasing leverage ratios and offering more flexible structures to win mandates from private equity sponsors, as competition with the resurgent broadly syndicated loan (BSL) market heats up, according to a report by Bloomberg. Direct lenders are now commonly offering leverage in excess of six times EBITDA — and in some sectors like software and business services, leverage is pushing past eight times — to secure finan…

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Private credit firms pitch more leverage to win over deals From Bloomberg: Finding steep competition from the broadly syndicated market, private credit firms are offering one benefit to potential borrowers: leverage. Direct lenders are pitching higher leverage ratios as a sweetener for deals, part... Article link

Private Credit Firms Offer Higher Leverage to Attract Borrowers

Direct lenders compete with syndicated market by offering increased leverage ratios, giving companies flexibility for acquisitions and dividend payouts.