DEBT MARKET UPDATE FIRST QUARTER 2019
Throughout 2018 the debt markets remained historically aggressive in terms of pricing, leverage and covenant flexibility. There has been a surge in non-bank direct lending in the middle market.
![](https://bridgepointib.com/wp-content/uploads/2011/09/Bridgepoint-Standard-Debt-Market-2x1-Report-Graphic-1.png)
Throughout 2018 the debt markets remained historically aggressive in terms of pricing, leverage and covenant flexibility. There has been a surge in non-bank direct lending in the middle market.