The significant rise in low investment-grade U.S. corporate debt may not equate to greater fallen angel risk in the next downturn, according to Fitch Ratings. Some of the rise is due to M&A accompanied by EBITDA growth and some is attributed to...
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January 29, 2019, 09:00 AM
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Global leverage has been rising as a share of GDP over the past decade causing growing concern among analysts, according to a new report from Moody's Analytics. Though global financial conditions remain largely accommodative, debt servicing costs...
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January 02, 2019, 07:42 AM
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Additional Business Development Companies (BDCs) are likely to seek board and/or shareholder approval to increase leverage to 2.0x from 1.0x following recent changes from the Small Business Credit Availability Act, which was signed into law on March...
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April 16, 2018, 07:08 AM
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A survey of current trends in U.S. middle market lending revealed substantial and growing concern about the higher amounts of debt leverage carried by middle market companies heading into 2018, and found that less restrictive loan documents are a...
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January 10, 2018, 07:27 AM
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