Covenants, Collaboration and Capital: A Deep Dive into Subordinate Debt
The landscape has undergone a shift over the last year. With lenders re-stabilizing after the post-COVID "slingshot" effect, many businesses...
Forward for Specialty Finance
Pulse
How Midsize Banks Should Approach Agentic AI
If you’re a midsize bank trying to figure out AI strategy and implementation, welcome to the club. Banks of all...
UCC 9-406 Notices in the MCA Market: When Payment Must Be Redirected by Account Debtors
Senior secured lenders are increasingly encountering a familiar disruption - not within their borrower’s operations, but among its customer base....
The Eye of the Storm: Navigating the Surge in Middle-Market M&A Disputes
As the M&A market gains momentum, the complexity and value of legal disputes are reaching new heights. In this episode...
The Rise of Layered Capital Structures in Middle Market Finance
The binary choice between senior secured bank debt and mezzanine financing is fading from the middle market. In its place,...
The Rise of Insurance-Linked Capital in Private Credit
Insurance companies have become among the most consequential new participants in private credit, drawn by a structural alignment that the...
Cross-Border Capital Flows in Middle Market Private Credit
The middle market private credit opportunity has historically been a North American story. That is changing in ways that are...
The PIK Divide: Separating Structural Flexibility from Shadow Distress in Private Credit
As of the first quarter of 2025, 11 percent of debt investments tracked by Lincoln International carried some form of...
Beyond the Zombie Buildup: Why Integration is the New Value Creation Currency
Learn why SolomonEdwards’ Matt Pencek believes "zombie buildups" are stalling PE exits in 2026 and how firms can unlock value...
The Clean Slate: Mastering Article 9 Restructuring
A recent episode of the ABF Journal Podcast explores a strategy that is increasingly vital for middle-market companies caught in...
