S&P: Changing Market Conditions For U.S. Leveraged Credit?

S&P said in a report that the change in guidance from policymakers on market liquidity and resulting sagging investor sentiment dampened the U.S. leverage finance market in June, with a number of transactions pulled.

Asset-Based Lending and Leveraged Finance: The New Chapter

Well capitalized banks that over-reserved for bad loans are now seeking the type of yields that ABL deals can generate with perceived less risk. Some banks are going full bore, with new offices and staffing announcements every day. Here Hugh Larratt-Smith and Ted Galovan check in with six executives from various institutions to gain their perspectives on today’s ABL marketplace.