Leverage Guidance Repeal May Stimulate Competition Among Lenders

Leverage Guidance Repeal May Stimulate Competition Among Lenders

Recent comments by Joseph Otting, the head of the Office of the Comptroller of the Currency, about banks no longer needing to adhere to leveraged lending guidance, may spark an uptick in competition among lenders —banks and non-banks alike— to provide more debt financing to an already highly levered universe of private equity-backed companies.  Read more