Investment Banking

Leveraged Finance: We're Not In Kansas Anymore

COVID-19 Pandemic Slams the Door on Discussion of When the Credit Cycle Will End

Each quarter William Blair surveys a broad spectrum of lenders on conditions in the market for middle-market leveraged credits. The survey focuses on what lenders saw and experienced in the previous quarter as well as their expectations for future periods. The results of the Q1 2020 survey, summarized in this newsletter, reflect the dramatic change in conditions in the market over the course of the quarter.

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