Daily News: November 12, 2012

ABF Journal Releases 11th Annual Fall Conference Issue

In what is our final issue of 2012, ABF Journal has announced the release of our November/December issue, our 11th Annual Fall Conference Issue.

In this edition, we had three contributors look at the ABL industry and offer their perspectives. Thomson Reuters LPC’s Maria Dikeos noted that 2012 volume dropped and lenders found deal opportunities this year rather slim. For 2013, she says that deal flow is questionable.

Howard Brod Brownstein of The Brownstein Corporation talked with 14 lenders from a variety of ABL institutions both big and small to find out their thoughts regarding pricing and structure for the rest of 2012 and 2013. Trimingham’s Hugh Larratt-Smith also discussed the syndicated loan market in the U.S. and abroad with leading lenders and offered an historical perspective of the syndicated loan market.

Michael Petruski of Great American Group reported that the gas exploration industry is creating new capital investment opportunities for private equity groups and ABLs. Gordon Brothers’ Patrick Dalton wrote that in 2013 there will be increased opportunities for second lien lenders that understand downside risk and continue to sharpen their credit skills.

ABF Journal editor Amanda Gutshall spoke with Triumph Commercial Finance’s EVP Dan Karas about the company’s new venture. Fifth Street Finance’s Sunny Khorana commented that flexibility in participation and in sources of financing are becoming extremely important as credit conditions have been lackluster.

ABF Journal compiled charts and commentary on the Federal Reserve’s July 2012 Senior Loan Officer Survey on bank lending practices.

And that’s not all. As in every issue of ABF Journal, there are a variety of articles in the turnaround, factoring, bankruptcy and legal sections.

ESBA’s Robert Katz and Marc Levee provided their thoughts on identifying opportunities to make 2013 both profitable and prosperous. Contributing writer Stephen McCabe spoke with IFA founder and CEO Bert Goldberg about what is on the horizon for the association, Jeffrey Wurst offered an update on the Dewey bankruptcy case and what lenders can learn from it, and Hinshaw & Culbertson’s Terrence McAvoy discussed the liabilities of K&L Gates and others in the Le-Nature’s case.

To view the entire contents of this issue click here.

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