Loan Note: The future of real estate lending; a Texan pension targeting tactical credit

Our February 2021 issue is out now, with a Deep Dive into the future of real estate lending. Plus, we explore the tactical credit approach of a Texas pension and discover the unexpected returns boost delivered by leveraged loans in 2020. Here's today's brief for our valued subscribers only.

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.

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