EBITDA has long been the trusted metric for leveraged financings, but the European market is becoming increasingly familiar with a new barometer of performance: annual recurring revenue (“ARR”)....more
As the UK begins to emerge tentatively from lockdown, amendment and waiver processes continue on leveraged finance facilities for businesses which have been hit by COVID-19. ...more
Unitranche facilities have been a feature of the European and US markets for a number of years, and have recently been making their mark in Australia.
What is unitranche? A unitranche facility is a single facility which...more