Media Mentions
Wednesday, March 6, 2024
‘Debt Funds Lure With Lower Margins’
The middle-market leveraged finance sector is competitive again, according to the latest edition of Houlihan Lokey’s MidCapMonitor. Speaking to Börsen-Zeitung, Managing Director Thorsten Weber commented: “Towards the end of the year, debt funds, in particular, wanted to successfully complete transactions and were therefore extremely competitive,” with margins of less than 6% in some of the unitranche financings, some 75 to 100 basis points less than in the first half of the year.