Daily News: May 25, 2017

LPC Reports Middle Market Lenders Holding Firm on Pricing

Reuters reported that credit investors are holding the line on the rates they lend to U.S. middle market companies after a wave of aggressive leveraged loan refinancings resulted in yields lower than expected in Q1/17.

In May, at least four middle market deals boosted pricing from the initial guidance, including a deal for pet product maker Petmate, according to Thomson Reuters LPC data.