During the second quarter of 2016, acquisitive middle-market issuers capitalized on lenders’ increased risk appetite by entering into attractively priced and structured financings. The dramatic rally in Treasury yields (and other safe haven assets) triggered by the “Brexit” referendum at quarter’s end, augurs well for further improvement in domestic credit market conditions.
Other highlights include:
A marked increase in risk appetite this quarter among commercial banks in transactions. Conversely, we noted continued tepid demand from the mainstream BDC community.
While U.S. monetary policy took center stage briefly in June, weak labor market data kept the Fed largely on hold throughout the quarter.
M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.
Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage.
Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.
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