Vincenzo Lucibello

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.

3 weeks ago | jdsupra.com | Vincenzo Lucibello |David Ridley

Competition between the private credit and broadly syndicated loan (BSL) markets is intensifying, with developments on both sides blurring the distinctions between the two products. One of these distinctive features is the delayed-draw facility, which was traditionally a feature of the private credit market but is now seen with some frequency in the BSL space.

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.

May 7, 2024 | jdsupra.com | Jessica Ball |Vincenzo Lucibello |Sherri Snelson

Lenders with ambitions to grow their portfolios and secure higher yields see opportunities in the venture debt spaceVenture debt endured a challenging 2023, but as lenders look for new product lines to increase deployment after a quiet period, they are turning their attention to the venture debt market.