Eric S. Klar

1 week ago | jdsupra.com | Eric S. Klar |Vincenzo Lucibello |David Ridley

In the face of intensifying competition from the broadly syndicated loan market, private credit lenders are leveraging their ability to provide payment-in-kind flexibility to secure dealsPrivate credit lenders in the US are responding to increased competition from the broadly syndicated loan (BSL) market and from one another by offering flexibility to borrowers in the form of payment-in-kind (PIK) facilities.

Feb 14, 2025 | jdsupra.com | Eric S. Klar |Vincenzo Lucibello |David Ridley

Private credit has secured its position as the main provider of debt capital to the mid-market, established its large-cap credentials and is now entering the next phase of its developmentAfter dominating mid-market financing and successfully expanding into the large-cap space over the past 10 years, private credit is moving rapidly into its next phase of development.