She said it
“The BDC market was exceptionally active in the second half of 2020. In particular, we saw a number of BDCs take advantage of low interest rates and robust investor demand to lock in fixed rate debt financing on attractive terms.”
Nicole Runyan, a partner in law firm Proskauer‘s corporate department and co-head of the firm’s BDC practice, which advised on BDC deals worth more than $2 billion in the second half of 2020.