Secure Trust Bank's Richard Foote discusses why ABL unitranche may be the solution borrowers and credit funds need following the pandemic and why the sector has to come together to facilitate long-term change.
Investing in the debt of a company with a view to converting it to equity is a complex strategy that can be thwarted in numerous ways. Leonard Klingbaum and Milap Patel of Ropes & Gray explain why it is nonetheless gaining in popularity.
Retail funds for alternative assets, including private debt, have had some false dawns. The UK is launching a new version which it hopes will overcome the challenges and lure pension schemes. By Lora Froud and Gavin Haran of Macfarlanes.
With covid-19 causing complex disruption to the world of commerce, private equity sponsors, portfolio companies and lenders can work together to deal with financial covenant breaches encountered as a result of operating in such unprecedented times.
What lessons were learned in 2020 by firms using portfolio financing solutions, and how have these insights shaped the outlook for the year ahead? Richard Wheelahan and Trey Burdick of Fund Finance Partners investigate.