VIDEO: One-stop financings mean one more option for borrowers, investors

Unitranche loans have affected the financing process, leaving investors an opportunity for a higher-yielding loan, says Twin Brook’s Richard Christensen.

The unitranche loan has risen to prominence in recent years, which has affected some parts of the dealmaking, according to Richard Christensen, a senior partner at Twin Brook Capital Partners.

The competitive investment environment has compressed closing timelines. This is causing some sponsors to opt for unitranche loans, given the simplicity of dealing with one lender rather than a syndicate, Christensen said.