Discriminating Debt

The financial meltdown evaporated many forms of debt, an inconvenient truth for buyout firms, which rely on debt financing to close deals and drive returns. But in the U.S. middle market, debt is still available for the right deals and sponsors, according to TJ Maloney of Lincolnshire Management, Terrence Mullen of Arsenal Capital Partners, and John Coogan of Duane Morris.

In “Discriminating Debt,” the experts discuss the state of lending in the U.S. middle market and the difference between cash-flow and asset-based lending.