All Loans articles – Page 6
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White papers
How to unlock opportunities in the sponsor-less SME loan market
Sponsor-less transactions are largely misunderstood. With greater liquidity and mounting interest from institutional investors, can we expect an influx of non-sponsor transactions funded by direct lenders?
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Research Report
Managing risk amid uncertainty with commercial real estate debt
The healthy appetite for commercial real estate (CRE) debt from investors around the world continues. Not a single investor wanted to reduce their exposure to debt, according to the 2020 INREV/ANREV/PREA survey covering CRE debt vehicles.
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White papers
Private Debt, Capital Solutions and the Early-Cycle/Later-Cycle Paradox
Early-cycle growth prospects should incentivize investment, but later-cycle valuations can give pause: Private debt and capital solutions could resolve the paradox.
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White papers
Deja vu for CLOs?
Heavy supply around quarterly payment dates has led to predictable periods of spread widening in the CLO market—creating attractive relative value opportunities up and down the capital structure.
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White papers
CLO equity: Where does it fit in investor allocations?
CLO equity has garnered increasing levels of investor interest, primarily due to the potential for high returns driven by a robust yield profile – a relative rarity in today’s low-yield investment landscape.
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Podcast
The Great Housing Diaspora of COVID-19
As a result of mass deurbanization during the pandemic, where fleets of people left cities for more suburban areas, residential housing markets have seen unprecedented buyer activity over the last several months. But as buyer demand continues to saturate the market, where does that leave supply? Could deurbanization continue as a post-COVID trend? And what else might investors want to consider in this space?
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White papers
Private credit in a post-Covid market
With 2020 behind us, investors have now witnessed private credit behaving as advertised. Specifically, the asset class provided confidence around the durability, low price volatility and predictive income streams middle market loans afford through downturns.
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White papers
The Wind Remains at High Yield’s Back (For Now)
Accelerating economic growth and improving corporate financial conditions, coupled with a manageable default picture, continue to bolster high yield.
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White papers
CLOs: The Proof is in the Process
In this Q&A, Adrienne Butler discusses Barings’ longstanding presence in the CLO market and shares her views on what it takes to navigate the often-misunderstood asset class.
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White papers
Fiorino: banks versus shadow banks, a heavyweight battle emerges from new financial fields
Money gives weight to power, with the all-pervasive field of banking typically behind this transformation. However, as Fiorino discovers, a previously hidden force in the banking universe is now revealing its massive influence…
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White papers
Sustainability-linked LBO loans - fad or future?
The ‘green’ finance revolution shows no signs of slowing down, with sustainable debt issuance continuing to set new records.
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White papers
Why Now May Be a Good Time to Consider CLOs
A wave of refinancings has tested the CLO market’s capacity, but it has also created relative value opportunities up and down the capital structure—particularly in seasoned, BB deals.
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White papers
Strategies for Navigating an Unrecognisable Bond Market
As the saying goes, there’s no rest for the weary, and many bond investors understand that feeling right now.
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White papers
Uncover new sources of income with taxable municipal bonds
Issuance of taxable municipal bonds, a segment of the overall municipal market, has increased in recent years, providing global institutional investors with an additional means of generating yield.
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Asset Manager News
The end of LIBOR: implications for investors
The London Inter-bank Offered Rate (LIBOR) is one of the main interest-rate benchmarks used in global financial markets. By the end of 2021, LIBOR reference rates and other interbank offered rates (IBORs) will be retired. What will replace LIBOR and other IBORs, and what does this mean for investors?
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White papers
Leveraged loan market outlook - what will 2021 bring
The loan market is one of the few areas of fixed income still offering meaningful yield and consequently we believe the asset class will continue to attract investor interest in 2021.
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Asset Manager News
GLP Closes First Sustainability-Linked Loan of $658 Million, One of the Largest in APAC
GLP closed its first sustainability-linked loan (SLL) of US$658 million with participation from 10 banks. The loan is one of the largest SLLs in Asia Pacific and signifies GLP’s ongoing commitment to sustainability. GLP will use the loan proceeds to contribute to environmental objectives related to climate change mitigation and the promotion of green buildings.
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White papers
Who Will Balance the Budgets?
It’s not today’s problem, but it’s a question investors will start asking more often as the Republican Party confronts its identity crisis.
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White papers
The latest evolution of distress language in CLO documentation
With greater flexibility afforded to the manager, what can debt investors reasonably expect from changes made to documentation for collateralised loan obligations (CLOs)?
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Asset Manager News
PGIM Real Estate arranges $75M in Freddie Mac loans for two apartment community acquisitions
– PGIM Real Estate has arranged a total of $75 million in Freddie Mac loans on behalf of TruAmerica Multifamily for its acquisition of two apartment communities in the U.S. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).