Senior debt is considered the safest investment in the capital structure. Yet every loan has potential risks. Before investing with a private credit manager, it is important to understand how the manager evaluates risk and structures transactions accordingly. This is especially important late in the credit cycle when leverage and adjusted earnings may be reaching a peak.

 

Originally published by Private Debt Investor.

Read More
  • Thank you for your interest in this article.

    Please enter your information in order to download the full PDF.
  • This field is for validation purposes and should be left unchanged.