Frederick Fisher

Jan 17, 2024 | jdsupra.com | Matthew Bisanz |Frederick Fisher |Matthew D. O'Meara

On December 27, 2023, the US federal banking regulators proposed a new set of reporting requirements for bank loans and commitments to private credit lenders and intermediaries.1 This change reflects not only the rapid growth in this sector, but also the regulators’ desire to better understand and supervise concentrations of credit and risk in the US banking system.

Nov 15, 2023 | lexology.com | Jason Friedman |Sean Scott |Frederick Fisher |Matthew D. O'Meara |Beth Vogel |Scott Zemser

Over the past several years, unitranche facilities have become increasingly prevalent. This growth has been driven by the ever-growing class of private credit and direct lenders who initially developed the unitranche facility structure, along with traditional bank lenders now joining this market. The unitranche structure has several advantages, including typically quicker execution for the parties involved and in some cases a lower cost of capital to the borrower.