In The Press January 14, 2020

Race to the Bottom for Middle Market Lenders Set to Continue in 2020 (Debtwire)

Middle market lenders are expected to continue to push into riskier deals and accept looser terms from borrowers this year, in what would be a continuation of a hyper-competitive 2019. In an interview with Debtwire — a leading provider of expert news, data and analysis on global leveraged credit — Goodwin Debt Finance partner Kristopher Ring said that in the cash flush market, greater leeway for borrowers with EBITDA addbacks, as well as less restrictive asset sale and cash flow sweeps became more prevalent in the middle market in 2019. Read the full article here.