Leveraged Finance Quarterly Update, Third Quarter 2023
The latest update on leveraged finance reveals that refinancing remains the primary focus for companies, as they strive to steer clear of covenant default or secure more adaptable terms. Interestingly, structured capital solutions are emerging as highly appealing alternatives to equity for businesses in need of capital injection, particularly in an environment where valuations are lower and ownership dilution is undesirable. This trend highlights a strategic approach by companies to address their financial needs while preserving their ownership stakes.
Read more insights, see recent leveraged financed deals, volume and more in our latest update.