As the private credit industry has relentlessly expanded and the capital available for deployment by private credit asset managers has rapidly grown, those investing at the top end of the market have increasingly had to...more
6/20/2023
/ Asset Management ,
Capital Expenditures ,
Credit ,
EBITDA ,
Financial Services Industry ,
Financing ,
Leveraged Loans ,
Market Conditions ,
Minority Equity Investments ,
Sponsors ,
Syndicated Loans ,
Triggering Event
“Call protection” (which you may also hear referred to variously as a “prepayment fee”, “prepayment premium”, “call premium”, “prepayment penalty”, “non‑call”, “hard call”, “soft call” or “make‑whole”) is a core economic term...more