Traversing the vast and ever-changing lending market is no easy task—especially given how much lenders vary when it comes to appetites and terms. That’s why working with an outside debt advisor is increasingly helpful for sponsors in their pursuit of optimal financing.
This article from William Blair’s Leveraged Finance team discusses how the lasting effects of a supply/demand imbalance helped bring the lending market to its current state, how different lenders can take vastly different approaches to the same transaction, and the role an outside debt advisor can play in yielding better results.