Broadly Syndicated Loans ($2T globally) are institutional, floating-rate debt for below-investment-grade borrowers. Traditionally for LBOs, market evolution suggests BSLs have broadened in issuer type and investor base.
Broadly Syndicated Loans ($2T globally) are institutional, floating-rate debt for below-investment-grade borrowers. Traditionally for LBOs, market evolution suggests BSLs have broadened in issuer type and investor base.