Depending on your news source, this is either a rosy or horrible time to raise new debt for your mid-large sized company. The publicly-traded high yield debt market has taken a pasting this summer,...
It was only last week that I was chiding a couple of the venture debt players for completely dropping their covenants to win the odd deal here and there (see prior post ““No MAC,...
Sound familiar? It appears that U.S. commercial banks have followed the same Canadian trend that we’ve been tracking on our blog over the past 12+ months (see prior post “Is the credit crunch ending?”...
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