Lisa Lee

July 21, 2022 | Daily Business Review

Private Credit Giants Curb Buyout Lending Spree in Big Shift

As recently as June, a group led by Blackstone provided about $5 billion of debt, one of the biggest seen in direct lending, to help fund the leveraged buyout of software maker Zendesk.

By Lisa Lee and Kiel Porter

4 minute read

June 29, 2022 | Daily Business Review

Private Lenders Offering Cheaper Debt Than Wall Street Banks

Direct lenders are lavishing risky companies and private-equity firms with capital at rates below what's available in the volatility-lashed high yield and syndicated loan market.

By Rachel McGovern, Lisa Lee and Giulia Morpurgo

6 minute read

May 31, 2022 | Daily Business Review

Zombie Firms Face Slow Death in US as Era of Easy Credit Ends

From meme-stock favorite AMC Entertainment Holdings Inc. to household names such as American Airlines Group Inc. and Carnival Corp., America's corporate zombies, companies that aren't earning enough to cover their interest expenses, let alone turn a profit, have swelled in recent years.

By Lisa Lee

7 minute read

April 11, 2022 | Daily Business Review

1 Credit Market Defies Deal Slowdown to Head for Record Year of M&A

The buying frenzy is over collateralized loan obligations, the $1 trillion market that purchases leveraged loans and repackages them into bonds of varying risks.

By Lisa Lee

6 minute read

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