Links:

 “Syndicated MM lending gives way to direct lending”

S&P Global Market Intelligence, Antares Capital, February 2019

“Direct lending continues to take market share in 3Q”

S&P Global Market Intelligence, Antares Capital, February 2019

“Secondaries entice private credit investors as pandemic rocks market”

S&P Global Market Intelligence, Pantheon Capital, May 2020

“LCD Article: IIIQ 2019 BDC Review”

S&P Global Market Intelligence, BDC Reporter, February 2020

“Direct lenders land big deals as small syndicated credits fade”

S&P Global Market Intelligence, Golub Capital, August 2019

“Facing no-or-low revenue, midmarket looks to covenants for relief”

Leveraged Commentary & Data, Mayer Brown, April 2020

“Facing revenue drought, middle-market companies, PE owners talk covenant relief”

S&P Global Market Intelligence, S&P Global, May 2020

“As pricing levels off, market players focus on structure”

S&P Global Market Intelligence, Churchill Asset Management, July 2018

“Middle market volume builds again in 3Q; cov-lite activity surges”

S&P Global Market Intelligence, Churchill Asset Management, October 2017

“Private lenders look past shutdown for clues about new landscape”

S&P Global Market Intelligence, Livingstone, April 2020