According to Forbes, unitranche lending has proved it has more staying power than initially anticipated. Calling unitranche debt the “it” product during the credit crises, Forbes notes that the financing alternative remains popular, despite the revitalized economy.
Forbes said this more expensive loan type was the crutch for many sponsors in 2009-2010 when there was limited traditional financing. Now with liquidity abound, unitranche lending is ever prolific — especially as bank regulatory guidelines tighten.
To read the entire Forbes article, click here.