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Despite the industry’s ambition, elevated rates and the risk of a worsening economy are pushing many direct lenders to tighten their belts and look for ways to reduce their risks.
Praesidiad and its creditors have been locked in negotiations over how to deal with debt coming due next year, with the most likely scenario being a lender takeover of the firm.
CBS and Viacom merge in long-awaited deal. Crescent Capital buys mid-market lender Alcentra. Mergers & Acquisitions examines PE hiring trends, celebrates Rising Stars.
CBS and Viacom merge in long-awaited deal. Crescent Capital buys mid-market lender Alcentra. Mergers & Acquisitions examines PE hiring trends, celebrates Rising Stars.